O

OpenAI

Builds AI models and the ChatGPT assistant

Overview

OpenAI researches and builds artificial intelligence models and turns them into products for people, developers, and businesses, with a stated mission of making sure artificial general intelligence benefits all of humanity. Its launch of ChatGPT in 2022 brought generative AI into everyday use. People use ChatGPT to ask questions, write, code, and analyze files, developers build OpenAI's models into their own apps through its API, and its Codex agent works through coding tasks on its own. OpenAI earns money from ChatGPT subscriptions, business plans, and API usage. Sam Altman, Elon Musk, and others co-founded it in 2015; it is based in San Francisco and overseen by a nonprofit, the OpenAI Foundation.

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About OpenAI

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

Industries

Consumer SoftwareEnterprise SoftwareAI & Machine Learning

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$226.5B

Headquarters

San Francisco, California

Founded

2015

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Simplify's Take

What believers are saying

  • Sales are compounding: OpenAI's yearly revenue pace doubled from $24 billion in March 2026 to nearly $50 billion in September.
  • Equity turns into cash regularly: staff sold $7 billion of shares in August 2026, after $6.6 billion in October 2025.
  • Room to grow: OpenAI plans to nearly double staff to 8,000 by year-end and listed 816 openings in October 2026.

What critics are saying

  • Its chief rival pulled ahead: Claude maker Anthropic's $965 billion valuation in May 2026 topped OpenAI's $852 billion.
  • Profits are years away: OpenAI's own forecast, reported in September 2026, shows $278 billion of cash burn through 2030.
  • Expect leadership churn: 15 senior leaders, including the revenue and applications chiefs, left OpenAI between January and September 2026.

What makes OpenAI unique

  • A nonprofit is in charge: the OpenAI Foundation appoints OpenAI's whole board and held a 26% stake in October 2025.
  • ChatGPT reaches about one in seven people on Earth: 1.2 billion used it each week as of September 2026.
  • Microsoft is a major part-owner: it held about 27% in October 2025 and licenses OpenAI's models through 2032.

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Funding

Total Funding

$226.5B

Above

Industry Average

Funded Over

15 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC 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)

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

1%

2 year growth

2%
Business Insider
Oct 15th, 2026
AI lab spy warnings spark memes after FBI arrests OpenAI employee over bugged meeting room

The Wall Street Journal reported on Wednesday that AI labs are warning employees about spies, including seduction attempts. The story set off a wave of memes on X. The warnings follow the FBI's arrest of OpenAI employee Abdulrahman Alfozan, who was charged with bugging one of the lab's conference rooms. Alfozan, who was fired, has yet to enter a plea. Reporter Erin Woo quoted the advice as: "If someone is trying to seduce you, first consider — could they be a spy???" Users joked that employees should doubt any unusually attractive admirer. Alexandr Wang, Meta's chief AI officer, quipped that in the South Bay, a stranger who talks to you is a sign "something is up." Others saw the attention as a recruiting perk.

Citybiz
Oct 15th, 2026
OpenAI Acquihires Founders of AI Marketing Startup Notch

OpenAI has made a strategic move to bolster its commercial AI expertise by acquihiring Vinay Jain and Aman Jain, the... Read More

Yahoo Finance
Oct 15th, 2026
OpenAI's UK staff paid $328M in 2025, with average base salary near $1M

OpenAI's UK staff earned an average basic salary of about £794,000 last year, as competition for top AI researchers pushed pay higher. The ChatGPT creator employed an average of 110 people in Britain in 2025, paying £258m in total across wages and share awards, including £87.3m in base pay. Including share awards, average UK pay packages were worth nearly £2.3m per person. Google's average pay last year, including shares, was around £400,000. Accounts filed with Companies House show OpenAI's UK revenues rose to £292.9m in 2025 from £79.2m a year earlier, with a profit of £31.7m. OpenAI now employs around 200 UK staff and plans to grow to more than 500 in a new King's Cross office. Rival Anthropic plans to grow its UK team to 800.

Yahoo Finance
Oct 15th, 2026
BofA survey: ChatGPT tops Google Search as top pick for next-year ad budget growth, 26% to 19%

A Bank of America (BofA) survey of 117 advertisers and agencies suggests ChatGPT is starting to compete with Google for future ad budgets. In the poll, 26% named ChatGPT as the platform likely to gain the most ad spending over the next 12 months, ahead of Google Search at 19% and YouTube at 11%. Google still leads on current spending. Search was picked by 30% as the platform with the biggest rise in spend, and 33% said it was where AI was lifting ad returns fastest. Alphabet's Google Search and other revenue rose 17% to $63.27 billion in the second quarter. OpenAI said ChatGPT Ads passed $1 billion in annualised revenue run rate less than 200 days after launch. In the survey, 28% of respondents already advertise on ChatGPT, and 43% plan to start within 12 months.

Associated Press
Oct 14th, 2026
Infometry partners with OpenAI to bring advanced reasoning to enterprise data in Conversa

Infometry, a data analytics and AI company based in Silicon Valley, has partnered with OpenAI to bring OpenAI's models to its INFOFISCUS Conversa platform. The models are available now. Customers can connect their own OpenAI API credentials and use the models alongside other large and small language models. They can pick a model for each task based on reasoning complexity, performance, governance, and cost. Conversa queries data across enterprise and cloud platforms without copying it into a separate repository. Users can run root-cause analysis on changes in revenue, inventory, or forecasts, and ask follow-up questions in the same context. Infometry plans to deepen the integration as the partnership evolves.

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