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OpenAI

OpenAI develops artificial intelligence models and products including ChatGPT, Codex and an API platform for developers. Its research and deployment activities serve consumers, businesses and institutions. The nonprofit OpenAI Foundation controls OpenAI Group, a public benefit corporation; the company has not completed a public stock-market listing.

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Official company website

From the company & regulator

Original material. Direct access.

01 / THE BUSINESS

How OpenAI creates value.

Subscriptions and usage-based access connect consumer, developer and enterprise customers to AI models and tools. The central economic question is how paid demand develops relative to compute, research and distribution costs.

SectorAI
Founder coverage2 profiles
Research checkedSep 18, 2026

Listing & ownership updateOpenAI announced a confidential draft S-1 submission on June 8, 2026. A confidential submission is not a completed IPO, an approved offering or an established trading date.Original announcement

02 / PEOPLE BEHIND THE COMPANY

Meet the builders.

Sam Altman

Co-founder

Sam Altman

Co-founded OpenAI and previously led Y Combinator. His interviews connect AI research, product distribution, infrastructure spending and the organizational choices involved in scaling an AI company.

Explore founder

Co-founder

Greg Brockman

Greg Brockman is a co-founder of OpenAI. The company’s founding and leadership material provides context for its work in foundation models.

Explore founder

Selected founders; historical founding roles are distinct from current management positions.

03 / CAPITAL & OWNERSHIP

Follow the financing.

Selected disclosed events, newest first. Announcement values describe that transaction and date; they are not current share prices. Debt, equity and secondary transactions are identified separately.

  1. Equity

    New investment announcement

    Disclosed amount$110B
    Pre-money valuation$730B

    Named participants: SoftBank · NVIDIA · Amazon

    Announced investment commitments; the company said additional investors could join as the round progressed.

    Read the announcement

Explore the named investors.

Names refer to the cited transactions. They do not establish current ownership, ownership percentages, or endorsement of this website.

04 / IN THEIR OWN WORDS

Watch. Listen. Form your view.

Stripe Sessions · 2026-05-19

Sam Altman in conversation with Patrick Collison

A founder conversation about AI and the businesses being built around it.

Watch on YouTube

Interviews reflect the speaker’s perspective at publication. Company statements are not independent verification.

05 / EDITORIAL ANALYSIS

The opportunity. The open questions.

Our interpretation of the business model and cited sources, not a valuation or a recommendation.

What could work

The case to investigate

  • Model capability, enterprise adoption, compute economics, and platform distribution.
  • A stronger product position becomes economically meaningful when customers renew, expand and pay enough to cover delivery costs.
What could go wrong

Pressure-test the thesis

  • Capital intensity.
  • Competition and commoditization.
  • Governance and regulatory uncertainty.

What to watch next

01

Enterprise and developer adoption — what changed in the latest original disclosure?

02

Compute capacity and unit economics — what changed in the latest original disclosure?

03

Product and model release cadence — what changed in the latest original disclosure?

YOUR RESEARCH WORKSPACE

Keep the questions that matter.

Use this checklist to record what you have investigated. Your notes stay in this browser.

06 / RESEARCH TRAIL

Go straight to the source.

Research checked Sep 18, 2026. Selected public disclosures, not a complete capitalization table or securities-filing search. Missing information is left unconfirmed. No investment availability or IPO date is implied.

From connected public feeds

The media universe around OpenAI

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Build the whole company picture.

Use the company’s earnings, presentations and event archives alongside media mentions. Analyst changes, institutional holdings, M&A are not yet consolidated for the entire directory. Selected founder and financing research is available in the private research hub.

Management & leadership.

Explore the sector.

Related companies in Technology; this is not an exhaustive competitor list.

Sources & further reading

Profile checked September 18, 2026. Editorial notes are Perimeter’s interpretation.