Companies
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OpenAI
2
Artificial Intelligence
$1.11T
+$857.87
2,049.55%
30 days ago
$41.86
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OpenAI is an AI research and deployment company that conducts research and implements machine learning.
OpenAI was founded in 2015 as a nonprofit research lab by Sam Altman, Elon Musk, and several other prominent technology figures, with a stated founding mission of ensuring that artificial general intelligence benefits humanity broadly, before restructuring in subsequent years into a "capped-profit" corporate structure intended to attract the enormous capital required for large-scale AI research and product development while still preserving elements of its original nonprofit mission and governance, a structure that has drawn ongoing scrutiny and legal and regulatory attention as the company's commercial scale and valuation have grown dramatically. OpenAI's ChatGPT, launched in late 2022, became one of the fastest-growing consumer software products in history and is widely credited with triggering the current wave of mainstream public and enterprise interest in generative AI, while the company's GPT model family has continued to be one of the most widely used foundation model families for both consumer and developer use cases. OpenAI's business has expanded significantly beyond ChatGPT, including a substantial developer API business and, more recently, "DeployCo," a separately valued enterprise implementation business in which OpenAI retains majority control, aimed at extending the company's monetization beyond direct model access into higher-touch enterprise deployment services, alongside forward-deployed engineering teams that work directly with large enterprise customers. The company submitted confidential IPO paperwork to the SEC in June 2026, establishing a potential path toward a public listing, though it has not disclosed offering size, timing, or targeted valuation. OpenAI's reported revenue run rate reached approximately $25 billion in February 2026, up roughly 200% year over year, a growth rate that, while strong, has recently trailed the even faster growth reported by rival Anthropic, which overtook OpenAI in absolute annualized revenue in April 2026. In Augment's Q2 2026 Power 20 rankings, OpenAI ranked #3, with its estimated secondary-market share price rising 5.5% in the quarter to imply a market capitalization of approximately $898.9 billion, the second-highest in the rankings after Anthropic.
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| Company | Valuation |
|---|---|
Open Anthropic Artificial Intelligence | $1.35T |
Open Cognition AI (Devin) Artificial Intelligence | $60.4B |
Open Prometheus Artificial Intelligence | $50.2B |
Open Fireworks AI Artificial Intelligence | $18.3B |
Open Etched Artificial Intelligence | $22.7B |
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