OpenAI

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OpenAI

At a glance

AI research and deployment company behind ChatGPT. Coverage follows its models, products, research, governance and the business of deploying AI.

Focus
ChatGPT; AI models and research
Reference
OpenAI

Reviewed 19 October 2026. Dates retain the precision of the source; retrospective disclosures are identified in the event. Annualized revenue levels are not audited annual sales. Financing commitments are not revenue.

Company milestones

Revenue, funding, product launches and major company events, newest first. Expand the earlier milestones for more history.

  1. Reported September annualized revenue is nearly $50B

    Reuters reports a September run rate near $50B. Earlier figures near $70B used a different sales presentation; the two should not be treated as directly comparable growth milestones.

    Source: Reuters
  2. Brings GPT-6 and Intelligent UI to everyone

    OpenAI extends the new model generation beyond paid customers and reports more than 1.2B weekly ChatGPT users. This is user reach, not paid subscribers.

    Source: OpenAI
Show earlier milestonesHide earlier milestones2026–2015 · 9 milestones

Earlier revenue, financing and company milestones.

  1. $122B in committed capital at $852B valuation

    OpenAI closes a financing round with $122B in committed capital. Commitments and valuation are financing measures, not sales.

    Source: OpenAI
  2. Discloses $2B → $6B → $20B+ annualized growth

    The CFO retrospectively reports $2B ARR in 2023, $6B in 2024 and over $20B in 2025. These are year-specific annualized levels, not recognized annual revenue; this is the disclosure date.

    Source: OpenAI
  3. Announces $40B financing at $300B valuation

    The SoftBank-led financing is announced alongside 500M weekly ChatGPT users. The figure is announced funding, rather than an ARR milestone.

    Source: OpenAI
  4. Adds a $4B revolving credit facility

    The credit agreement follows $6.6B in equity funding. Available borrowing capacity is distinct from equity proceeds and revenue.

    Source: OpenAI
  5. Releases GPT-4

    GPT-4 expands the model platform beyond ChatGPT’s original research-preview generation, with API access initially offered through a waitlist.

    Source: OpenAI
  6. Launches the ChatGPT research preview

    The conversational interface makes instruction-following language models available directly to the public.

    Source: OpenAI
  7. Opens its first commercial API

    Developers gain access to general-purpose language models through an API, establishing a business alongside research.

    Source: OpenAI
  8. Creates a capped-profit partnership

    OpenAI announces LP alongside its nonprofit, adding a structure for financing large-scale research and commercial development.

    Source: OpenAI
  9. OpenAI is announced

    The organization begins as a nonprofit AI research company, preceding its later commercial API and subscription businesses.

    Source: OpenAI

The latest on OpenAI

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Replit Leaves Anthropic, Its Docs Did Not

Replit's CEO says it dropped Anthropic for OpenAI, but people close to the deal deny it, and Replit's own blog and docs still run Claude.

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Hock Tan Worries About Money, Huang Doesn't

Broadcom's Hock Tan calls AI investors gamblers and capital the boom's biggest constraint; Jensen Huang says CoreWeave's money gets cheaper as its bonds yield 15%.

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OpenAI Updates ChatGPT Voice With 13 Voices

OpenAI's GPT-Live-1.1 adds 13 voices and fewer "checking..." pauses, while users complain their chosen Standard Voice changed; the API version has no date.

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Perplexity Open Sources Its Agent Sandbox

Perplexity open sourced SPACE, the microVM sandbox behind its Computer agent; nine frontier models failed to escape it, though its network rules needed patching.

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FTC Wants OpenAI and Anthropic Incident Files

The FTC subpoenaed OpenAI and Anthropic for the incident files the labs had published as research, including AI agents breaking into outside systems.

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Cathie Wood Opens OpenAI, Locks the Exit

Cathie Wood put ARK's Venture Fund on Ethereum for $500, but OpenAI and Anthropic are a small slice and withdrawals stay quarterly and capped.

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Character.ai Is Bankrupt

Silicon Valley's golden child didn't live to see its fifth birthday.

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