OpenAI

OpenAI

Develops safe AI models and tools

Overview

OpenAI conducts AI research and deployment to build advanced AI models and tools that help people automate tasks, be more creative, and make better decisions. Its products include ChatGPT, a conversational AI that can write, code, tutor, and assist in interactive tasks, and Sora, which can generate videos from text prompts. OpenAI’s models typically run through cloud-based services and subscriptions, with licensing and partnerships for broader use. The company operates a capped-profit model to balance generating revenue with ensuring safety, ethics, and long-term societal benefits. Its approach emphasizes safety, responsible deployment, and collaboration with researchers, governments, and institutions. The goal is to ensure artificial general intelligence, when it arrives, benefits all of humanity and minimizes risks.

About OpenAI

Simplify's Rating
Why OpenAI is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

5,001-10,000

Company Stage

Private

Total Funding

$196B

Headquarters

San Francisco, California

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Codex drove first-quarter 2026 revenue to about $5.7 billion.
  • OpenAI Deployment Company and Tomoro expand enterprise implementation across regulated industries.
  • Goldman Sachs and Morgan Stanley backing an IPO should strengthen distribution and credibility.

What critics are saying

  • Anthropic and Google Gemini are closing in, compressing OpenAI's pricing power.
  • IPO scrutiny will highlight huge compute spending against uncertain revenue durability.
  • Governance concerns around Sam Altman and restructuring can derail listing timelines.

What makes OpenAI unique

  • OpenAI pairs frontier model research with consumer, enterprise, and API monetization.
  • ChatGPT remains the flagship interface, spanning writing, coding, tutoring, and search.
  • The 2025 recapitalization kept the nonprofit Foundation owning 26% of OpenAI Group.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$196B

Above

Industry Average

Funded Over

12 Rounds

Secondary funding comparison data is currently unavailable. We're working to provide this information soon!
Secondary Funding Comparison
Coming Soon

Benefits

Health insurance

Dental and vision insurance

Flexible spending account for healthcare and dependent care

Mental healthcare service

Fertility treatment coverage

401(k) with generous matching

20-week paid parental leave

Life insurance (complimentary)

AD&D insurance (complimentary)

Short-term/long-term disability insurance (complimentary)

Optional buy-up life insurance

Flexible work hours and unlimited paid time off (we encourage 4+ weeks per year)

Annual learning & development stipend

Regular team happy hours and outings

Daily catered lunch and dinner

Travel to domestic conferences

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

5%

2 year growth

2%
Robinhood Markets
May 18th, 2026
Robinhood Ventures Fund I (RVI) Announces $75M Investment in OpenAI

Robinhood Ventures Fund I (NYSE: RVI) announced it has closed an investment in OpenAI. On April 17, 2026 RVI purchased approximately $75 million of common stock of OpenAI.

Fudzilla
May 14th, 2026
Cerebras lands $27B OpenAI deal, heads for $47B IPO after handing away $5B stake

Cerebras Systems is set to list this week at a $47 billion valuation, a dramatic increase from its abandoned IPO attempt 18 months ago. The AI chipmaker's fortunes changed after securing OpenAI as a customer, providing Sam Altman's company with 750 megawatts of computing power for three years in a deal worth approximately $27 billion. The arrangement isn't cheap. Cerebras is granting OpenAI warrants potentially worth $5 billion, representing a tenth of the company's shares—roughly half the deal's expected profit. However, the OpenAI partnership has transformed Cerebras's prospects, helping it secure a valuation of 15 times sales, richer than Nvidia. The strategy mirrors OpenAI's previous deals with AMD and Nvidia, where partnerships boosted chipmakers' valuations whilst providing OpenAI with crucial computing infrastructure.

Daring Fireball
May 8th, 2026
Y Combinator’s Stake in OpenAI

The fact that Paul Graham personally has billions of dollars at stake with OpenAI doesn’t mean that his public opinion on Sam Altman’s trustworthiness and leadership is invalid. But it certainly seems like the sort of thing that ought to be disclosed when quoting Graham as an Altman character reference.

Bloomberg L.P.
Apr 21st, 2026
OpenAI launches ChatGPT Images 2.0 with improved chart and diagram creation

OpenAI is releasing ChatGPT Images 2.0, an updated AI image-generating software designed to create accurate charts and scientific diagrams. The company aims to make its technology more appealing to professionals. Rolling out Tuesday through ChatGPT and Codex AI coding assistant, the new model improves instruction-following and detail incorporation when generating images. It can produce visuals across multiple styles and render text in various languages. The update represents OpenAI's effort to expand its AI capabilities beyond general use cases into professional applications requiring technical precision and accuracy.

Bloomberg L.P.
Apr 17th, 2026
OpenAI loses head of science initiatives and Sora AI video team leader

OpenAI's head of science initiatives and the leader of its Sora AI video team are leaving the company, adding to recent executive departures as the firm reorganises its product portfolio. The exits continue a pattern of senior leadership changes at the artificial intelligence company.

Recently Posted Jobs

Sign up to get curated job recommendations

OpenAI is Hiring for 630 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →