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OpenAI

SPrivate (public benefit corporation controlled by the OpenAI Foundation)Founded 2015🇺🇸San Francisco, California
CEO

Sam Altman

Data verified as of Jul 13, 2026

Summary

OpenAI is the world's most widely used artificial-intelligence company, best known for ChatGPT — which surpassed 900 million weekly active users in early 2026 — and for its frontier GPT-5 model family. GPT-5.5 (April 2026) is the broadly available flagship, and the next-generation GPT-5.6 family — Sol, Terra and Luna — opened to the public on July 9, 2026 after an initial government-gated preview. Beyond consumer chat, OpenAI runs a fast-growing enterprise and developer platform (1M+ business customers) that has pushed annualized revenue past ~$25B, and it is building consumer hardware through its ~$6.5B acquisition of Jony Ive's startup io. Following an October 2025 restructuring, the for-profit OpenAI Group PBC is controlled by the nonprofit OpenAI Foundation, with Microsoft holding roughly 27%. In March 2026 OpenAI closed the largest private fundraise in history — $122B at an $852B valuation — and has since filed confidentially toward a potential record IPO.

Main Products

GPT-5 family (GPT-5.5 / GPT-5.6)

OpenAI's frontier large-language-model family. GPT-5.5 (April 2026) is the broadly available flagship, built for agentic coding, computer use, and knowledge work. GPT-5.6 — variants Sol, Terra and Luna — is the next generation, opened to the public on July 9, 2026 after an initial government-gated preview.

GPT-5.5 is GA across ChatGPT and the API and became the default ChatGPT model in May 2026. GPT-5.6 'Sol' (flagship), 'Terra' (balanced) and 'Luna' (fast/low-cost) entered a staggered, government-gated preview on June 26, 2026 and became publicly available to all users on July 9, 2026, with preview API pricing of $5/$30 (Sol), $2.50/$15 (Terra) and $1/$6 (Luna) per million input/output tokens.

GPT-5.5 ReleaseApril 23, 2026
GPT-5.6 ReleaseJune 26, 2026 (preview); public July 9, 2026
GPT-5.6 VariantsSol (flagship), Terra (balanced), Luna (fast/low-cost)
ChatGPT

ChatGPT

Generally Available

OpenAI's flagship consumer assistant, running the GPT-5 family by default, with advanced voice, cross-chat memory, Projects, image and video generation, and agentic 'Agent Mode'. The largest consumer AI product in the world.

900M+ weekly active users and ~50M paying subscribers as of early 2026; the free tier moved to GPT-5.5 in May 2026.

Weekly Active Users900M+
Paying Subscribers~50M
TiersFree / Go / Plus ($20) / Pro ($200) / Team / Enterprise

Exposes the GPT-5 family, Sora video, and agent tooling to developers. Codex is OpenAI's flagship agentic coding system, spanning a CLI, IDE extension, cloud task delegation and a GitHub bot.

Roughly 4 million developers build on the platform; Codex is generally available and among OpenAI's fastest-growing products.

Developers~4M

Sora 2 (video generation)

Available via API

OpenAI's video-and-audio generation model, with synchronized dialogue and sound, multi-shot generation, and improved physical accuracy. Launched September 2025; the standalone consumer app was discontinued in April 2026, with the model continuing via the API.

The Sora 2 model remains available through the API (priced per second of video); the standalone Sora consumer app was shut down in April 2026.

UnveiledSeptember 30, 2025

io hardware device

In Development

OpenAI's first consumer hardware device, developed with Jony Ive following the ~$6.5B acquisition of io — a screenless, voice-first AI 'companion' intended to complement the smartphone. Not yet launched.

OpenAI has said its first io device is on track to be announced in the second half of 2026, with reporting pointing to a pocketable or wearable form factor; some accounts suggest shipping could slip toward early 2027.

io Acquisition~$6.5B (May 2025)
Expected Reveal2H 2026

What's Next

Push toward GPT-6 after GPT-5.6 public launch

With GPT-5.6 (Sol/Terra/Luna) now publicly available as of July 9, 2026, sustain the rapid model cadence driven by competition with Google's Gemini and Anthropic's Claude, ahead of an eventual next-generation GPT-6 base model.

2026

Scale the Stargate compute buildout

Bring additional Stargate data-center sites online toward the ~10 GW / $500B plan, and stand up custom AI silicon (with Broadcom and AMD) in the second half of 2026, while managing partner and construction execution risk.

2026–2029

Reveal the io consumer device

Unveil the first Jony Ive-designed io hardware device, targeted for a second-half-2026 announcement, marking OpenAI's entry into consumer hardware.

2H 2026

Advance toward a potential record IPO

Having confidentially filed a draft registration, decide on timing and structure for what could be the largest technology IPO ever — with the path to profitability and compute burn as the key variables investors will scrutinize.

2026–2027

Grow enterprise and agents to revenue parity with consumer

Expand agentic products (Codex, ChatGPT Agent, Workspace Agents) and enterprise deployments, which OpenAI expects to reach revenue parity with its consumer business by the end of 2026.

2026

Recent News

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Operations & Revenue

StatusPre-IPO hypergrowth

OpenAI runs the world's largest consumer AI product (ChatGPT: 900M+ weekly active users, ~50M paying subscribers) alongside a fast-growing enterprise and developer platform (1M+ business customers, ~4M developers). Revenue scaled to a ~$25B annualized run-rate by early 2026 while the company invests heavily in compute via Stargate and custom silicon. After closing a record $122B round in March 2026, OpenAI has filed confidentially toward a potential landmark IPO.

Revenue Streams

ChatGPT consumer subscriptions

Tiered consumer plans — Free, Go, Plus ($20/mo) and Pro ($200/mo) — spanning roughly 50 million paying subscribers as of early 2026.

ChatGPT Business, Team & Enterprise

Per-seat and sales-negotiated plans for organizations, a key driver of the enterprise segment that now exceeds 40% of revenue, with 1M+ business customers.

API / developer platform

Usage-based, per-token access to the GPT-5 family, Sora video, and agent tooling (Agents SDK, computer use) for roughly 4 million developers.

Enterprise deployments & partnerships

Large enterprise rollouts and partnerships (including with major consulting firms) that pair ChatGPT Enterprise, custom deployments, and agentic products for hands-on adoption.

Key Metrics

Employees

~4,500 (targeting ~8,000 by end of 2026)

Est. Annual Revenue

~$25B annualized run-rate (Feb 2026), up from ~$13B recognized in FY2025; enterprise now exceeds 40% of revenue but the company remains deeply loss-making on heavy compute spend

Valuation

$852B (post-money, Mar 2026)

ChatGPT Weekly Active Users

900M+ (Feb 2026)

Paying Subscribers

~50M (Feb 2026)

Annualized Revenue Run-Rate

~$25B (Feb 2026)

Business Customers

1M+ organizations

Employees

~4,500 (targeting ~8,000 by end-2026)

Stargate Compute Commitment

Up to $500B / ~10 GW by 2029

Timeline

2026ChatGPT passes 900M weekly active users

In late February 2026 OpenAI says ChatGPT has surpassed 900 million weekly active users and roughly 50 million paying subscribers, with January and February its largest-ever months for new subscribers.

2026Largest private fundraise in history closes

Announced in February at $110B and closed on March 31, 2026 at $122B and an $852B post-money valuation — the largest private funding round ever. Amazon committed up to $50B (a large portion contingent on an IPO or AGI milestone), with Nvidia and SoftBank each investing $30B.

2026GPT-5.5 becomes the GA flagship

On April 23, 2026 OpenAI releases GPT-5.5, positioned as its 'smartest and most intuitive model yet' with agentic-first training; it becomes the default ChatGPT model in early May.

2026GPT-5.6 'Sol' enters limited release

On June 26, 2026 OpenAI introduces the GPT-5.6 family — Sol (flagship), Terra (balanced) and Luna (fast/low-cost) — in a staggered, limited release after the U.S. administration requested controlled access on national-security grounds, with broader availability to follow.

2026GPT-5.6 Sol, Terra and Luna open to the public

On July 9, 2026 OpenAI moved its GPT-5.6 series — Sol (flagship, tuned for demanding domains like biology, chemistry and cybersecurity), Terra (balanced mid-tier) and Luna (fastest/cheapest) — from a government-gated preview to general availability for all users. Preview API pricing runs $5/$30 per million input/output tokens for Sol, $2.50/$15 for Terra and $1/$6 for Luna, with a Sol Fast mode on Cerebras reaching up to 750 tokens per second.

2026Launches ChatGPT Work agent

On July 9, 2026 OpenAI launched ChatGPT Work, an agent inside ChatGPT that gathers context across a user's connected apps, breaks a goal into steps and works autonomously for hours to return finished spreadsheets, slides, documents and interactive web apps rather than chat replies. Powered by the newly broadened GPT-5.6 family, it follows the same usage structure as OpenAI's Codex, which is folding into a single ChatGPT desktop app, as OpenAI escalates the agentic-AI race against rivals.

2026Apple sues OpenAI over alleged trade-secret theft

On July 10, 2026 Apple filed suit in California federal court accusing OpenAI, its hardware chief Tang Tan (a former Apple VP), and Jony Ive's OpenAI-owned io Products of a coordinated campaign to steal trade secrets about Apple's unreleased hardware. The complaint alleges OpenAI pushed Apple employees and job candidates to bring components, drawings and 'actual parts' to interviews, and that a departing engineer kept an Apple laptop loaded with confidential documents. Apple seeks to bar OpenAI from using the material and force its return.

2025Stargate compute project announced

In January 2025 OpenAI, SoftBank, Oracle and MGX announce Stargate, a joint venture to invest up to $500B over four years in U.S. AI data-center infrastructure.

2025Acquires Jony Ive's io for hardware; GPT-5 ships

OpenAI acquires io — the device startup co-founded by former Apple designer Jony Ive — for ~$6.5B in equity to build AI-native consumer hardware, and in August 2025 releases GPT-5, its fifth-generation flagship.

2025For-profit restructuring completed

On October 28, 2025 OpenAI completes its restructuring: the nonprofit, renamed the OpenAI Foundation, controls the for-profit OpenAI Group PBC (a Delaware public benefit corporation). Microsoft holds roughly 27% and commits to buy an incremental $250B of Azure services.

2024GPT-4o and the first reasoning models

OpenAI releases the natively multimodal GPT-4o in May 2024 and, in September, the o1 family — its first 'reasoning' models that think step-by-step before answering.

2023GPT-4 released

OpenAI launches GPT-4 on March 14, 2023 — its first broadly multimodal model — via the API and ChatGPT Plus, setting a new bar for reasoning and professional-exam performance.

2023Board crisis and Altman's reinstatement

On November 17, 2023 the board abruptly fires CEO Sam Altman; after overwhelming employee and Microsoft pressure he is reinstated five days later with a reconstituted board — a defining governance episode for the company.

2022ChatGPT launches

OpenAI releases ChatGPT on November 30, 2022. It reaches 100M users within two months, becoming the fastest-growing consumer application in history at the time and igniting the generative-AI boom.

2019Capped-profit arm and Microsoft's $1B investment

OpenAI creates a 'capped-profit' for-profit subsidiary and Microsoft invests $1B, moving OpenAI's training and inference workloads onto Azure and beginning a deep multi-year partnership.

2015Founded as a nonprofit AI lab

OpenAI is launched on December 8, 2015 by Sam Altman, Elon Musk, Greg Brockman, Ilya Sutskever and others, with $1B pledged and a mission to ensure that artificial general intelligence benefits all of humanity.

Funding

Cumulative disclosed raise · dated rounds

$100B$200B2020202220242026$180B raised
RoundDateAmountInvestorsSource
Microsoft strategic investment2019~$1BMicrosoft
Microsoft multi-year investment2023~$10B (reported)Microsoft
SoftBank-led roundMar 2025~$40B at $300B valuationSoftBank (lead), Microsoft, Coatue, Altimeter, Thrive Capital
Employee tender / secondaryOct 2025~$6.6B at $500B valuationThrive Capital, SoftBank, Dragoneer, MGX, T. Rowe Price
Mega-roundMar 2026$122B at $852B valuationAmazon (up to $50B), Nvidia ($30B), SoftBank ($30B), Andreessen Horowitz, D.E. Shaw, ~$3B from retail investors