AI / COMPANY INTELLIGENCE
OpenAI
Develops AI models and products including ChatGPT, Codex, and an API platform used by individuals, developers, and organizations.
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.
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.
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 founderCo-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 founderSelected 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.
- Equity
New investment announcement
Disclosed amount$110BPre-money valuation$730BNamed participants: SoftBank · NVIDIA · Amazon
Announced investment commitments; the company said additional investors could join as the round progressed.
Read the announcement
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 ↗OpenAI
OpenAI — official video channel
Product demonstrations, company presentations and original updates, linked from the company’s own website.
Visit original material ↗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.
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.
Pressure-test the thesis
- Capital intensity.
- Competition and commoditization.
- Governance and regulatory uncertainty.
What to watch next
Enterprise and developer adoption — what changed in the latest original disclosure?
Compute capacity and unit economics — what changed in the latest original disclosure?
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.
Have a research question?
Bring the company, source or investment terms you want to understand.
Ask a question