OpenAI is a pioneering AI research and deployment company, renowned for its significant contributions to artificial intelligence development. The company's focus includes advancing digital intelligence to benefit humanity, with a strong emphasis on safety and scalability. OpenAI's portfolio features groundbreaking technologies like the GPT series, and it collaborates with a range of stakeholders to ensure ethical AI deployment.
Founded: 2015
| Sam Altman Co-Founder and Chief Executive Officer |
| Greg Brockman President and Co-Founder |
| Brad Lightcap Chief Operating Officer |
| Mira Murati Chief Technology Officer |
| Sarah Friar Chief Financial Officer |
| Kevin Weil Chief Product Officer |
| Hannah Wong Chief Communications Officer |
In five years’ time, OpenAI has projected that about 8.5% of 2.6 billion weekly active users of the chatbot, or 220 million people, will pay for a Plus plan, according to the same person.
OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.
OpenAI on Tuesday announced it has completed its recapitalization, cementing its structure as a nonprofit with a controlling stake in its for-profit business.
OpenAI’s short-form artificial intelligence video app Sora hit 1 million downloads less than five days after its launch in late September, according to an executive.
OpenAI CEO Sam Altman said Monday at Dev Day that ChatGPT has reached 800 million weekly active users, marking an increase of adoption among consumers, developers, enterprises, and governments.
OpenAI has completed a $6.6 billion secondary share sale at a $500 billion valuation, cementing its status as the most valuable private company in the world.
Major global semiconductor stocks rose on Tuesday after Nvidia announced plans to invest $100 billion in OpenAI. The deal between Nvidia and OpenAI is on a large scale. The artificial intelligence lab plans to build and deploy Nvidia systems that require 10 gigawatts of power.
OpenAI signed a contract with Oracle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive commitment that far outstrips the startup’s current revenue.
OpenAI is increasing the size of its secondary share sale by more than $4 billion, CNBC has learned. The artificial intelligence startup is giving eligible current and former employees the opportunity to sell roughly $10.3 billion in stock, up from the $6 billion it was initially targeting, according to a person familiar with the offering.
The tenth annual Forbes Cloud 100 list ranks the top private cloud computing companies — this year dominated by AI.
OpenAI’s corporate restructuring is likely to slip into next year, as the ChatGPT maker negotiates over critical terms of its future relationship with Microsoft, complicating plans to raise billions of dollars more in funding.
ChatGPT maker OpenAI is in early-stage discussions about a stock sale that would allow employees to cash out and could value the company at about $500 billion, a source familiar with the matter said.
The US government’s central purchasing arm is adding OpenAI, Alphabet Inc.’s Google and Anthropic to a list of approved artificial intelligence vendors, opening the door to widespread adoption of the technology across civilian federal agencies.
OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualized revenue, according to a person who spoke to OpenAI executives. That figure implies the ChatGPT maker is generating $1 billion a month, compared to about $500 million a month at the start of the year.
GPT-5 is expected to arrive in early August
OpenAI, which recently announced a $40 billion round of financing, is seeking funding from new and existing investors to fulfill the deal.
The U.S. Department of Defense on Monday said it’s granting contract awards of up to $200 million for artificial intelligence development at Anthropic, Google, OpenAI, and xAI.
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OpenAI is officially on the Pentagon’s payroll. The Department of Defense announced a $200 million contract with OpenAI to provide the US government with new artificial intelligence tools, including those used for proactive cyber defense.
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OpenAI is now generating $10 billion in annual recurring revenue, according to a company spokesperson.
OpenAI on Wednesday announced it now has 3 million paying business users, up from the 2 million it reported in February. The San Francisco-based startup rocketed into the mainstream in late 2022 with its consumer-facing artificial intelligence chatbot ChatGPT, and began launching workplace-specific versions of the product the following year.
OpenAI's restructuring plans position it for a potential future IPO, but any such decision would depend on the mood in public markets as well as the readiness of the company, Chief Financial Officer Sarah Friar said on Wednesday.
Our first OpenAI for Countries partnership expands global AI infrastructure and access, in coordination with the U.S. government.
OpenAI has agreed to buy Windsurf, an artificial intelligence-assisted coding tool formerly known as Codeium, for about $3 billion, according to people familiar with the matter, marking the ChatGPT maker’s largest acquisition to date.
OpenAI abandoned a controversial effort to place its juggernaut artificial-intelligence business under control of a for-profit entity and will instead remain under its founding nonprofit board.
For two years, ChatGPT has been OpenAl's cash cow. But by the end of the decade, the company has told some potential and current investors it expects combined sales from agents and other new products to exceed its popular chatbot, lifting total sales to $125 billion in 2029 and $174 billion the next year, according to documents seen by The Information.
April 17 (Reuters) - Stargate, a $500 billion U.S. data-centre project funded by SoftBank opens new tab, OpenAI and Oracle, opens new tab, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.
OpenAI expects to more than triple its revenue this year to $12.7 billion, fueled by the strength of its paid artificial intelligence software, according to a person familiar with the matter.
OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp. — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter.
The first data center complex for OpenAI’s $100 billion Stargate infrastructure venture will have space for as many as 400,000 of Nvidia Corp.’s powerful AI chips — an amount that, if filled, would make it one of the largest known clusters of artificial intelligence computing power.
Elon Musk submitted a $97.4 billion bid for OpenAI's nonprofit arm. It's likely to be rejected — but it could complicate OpenAI's efforts to convert to a for-profit.
An agent that uses reasoning to synthesize large amounts of online information and complete multi-step research tasks for you. Available to Pro users today, Plus and Team next.
SoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the company's biggest backer, CNBC has confirmed.
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.
Back in May, OpenAI said it was developing a tool to let creators specify how they want their works to be included in — or excluded from — its AI training
OpenAI said in a blog post Friday that heading into 2025, "we have to become an enduring company," which requires changing its structure.
OpenAI released its buzzy AI video-generation tool, Sora.
The ChatGPT maker is the latest AI giant to reveal it’s working with the defense industry, following similar announcements by Meta and Anthropic.
The AI boom and a strong venture-capital culture have made the U.S. the center of activity in the 2024 edition of our list.
OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by SoftBank, CNBC has learned.
ChatGPT can now search the web in a much better way than before. You can get fast, timely answers with links to relevant web sources, which you would have previously needed to go to a search engine for. This blends the benefits of a natural language interface with the value of up-to-date sports scores, news, stock quotes, and more.
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Oct 17 (Reuters) - Bain & Co said on Thursday it will expand its partnership with OpenAI to sell the AI startup's tools, including ChatGPT, to the consultancy's clients. Last year, the companies had set up a global services alliance to make Bain's clients aware about OpenAI's technology.
The ChapGPT-maker is projecting it will lose more than $44 billion before turning profitable in 2029, according to a Wednesday analysis from the Information.
Oct 2 (Reuters) - OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable private companies in the world.
ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors.
Generative AI giants are playing in a different universe than the rest of startupland.
T-Mobile (NASDAQ: TMUS) and OpenAI have forged a groundbreaking multi-year agreement that will revolutionize the customer experience and reset customer success benchmarks for companies around the world.
Tiger Global is planning to join OpenAI's buzzy new funding round that would value the AI startup at more than $150 billion.
OpenAI is releasing a new model called o1, the first in a planned series of “reasoning” models that have been trained to answer more complex questions, faster than a human can.
OpenAI said on Thursday it has more than 1 million paying users across its business products, ChatGPT Enterprise, Team and Edu, as the AI firm's chatbot continues to see strong adoption owing to its advanced large language model.
Apple and Nvidia are reportedly considering investing in OpenAI's next funding round -- a round that could value the AI startup at $100 billion.
ChatGPT now has more than 200 million weekly active users.
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The company promises that search results will include clear and relevant sources.
Microsoft will no longer have a board observer seat at OpenAI, but regulatory and safety concerns persist.
The creator of ChatGPT, OpenAI, had part of its operations hacked in April 2023. Now fears are mounting around whether the company could be exploited by foreign adversaries.
The company said Claude 3.5 Sonnet is faster than its previous leading model, Claude 3 Opus, and is the first model from Anthropic's new Claude 3.5 family.
OpenAI reportedly more than doubled its annualized revenue over the last six months or so. The firm’s current annualized revenue is $3.4 billion, up from
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The deal has parallels to Apple’s infamous search deal with Google.
GPT-4o is available in ChatGPT
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Ask ChatGPT for a list of People’s Sexiest Men.
OpenAI becomes the first firm to receive Nvidia's cutting-edge AI DGX H200 GPU, fostering GPT-5's advancement toward AGI.
Research harnesses power of generative artificial intelligence in latest sign of its potential use in medicine
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Tech firms are building the foundations of what could - eventually - develop into artificial general intelligence.
This is what could transport OpenAI into the future
OpenAI has apparently been demonstrating GPT-5, the next generation of its notorious large language model, to prospective buyers.
FAST COMPANY'S ANNUAL RANKING OF THE WORLD'S MOST INNOVATIVE COMPANIES COVERS 58 INDUSTRIES AND SECTORS, FROM ADVERTISING TO VIDEO.
OpenAI is developing a web search product, The Information reported, which may be partly powered by Microsoft's Bing search engine.
It can create videos up to one minute long.
OpenAI hit the $2 billion revenue milestone in December, the Financial Times reported on Friday, citing two people with knowledge of the artificial intelligence (AI) start-up's finances.
OpenAI joined the ranks of Silicon Valley tech companies that have changed their stance on collaborating with the U.S. military.
OpenAI’s annualized revenue has reportedly topped $1.6 billion a mere two months after reaching the $1.3 billion mark. The Information reported the milestone on Saturday, citing two people fami