OpenAI

OpenAI is an artificial intelligence research organization founded in 2015. It created AI chatbot ChatGPT. Competitors include other AI research organizations such as DeepMind and Google Brain. OpenAI was founded by Sam Altman, former president of startup accelerator Y Combinator, Greg Brockman, former chief technology officer and third employee of Stripe, and Ilya Sutskever, a former Google expert on machine learning. Microsoft has invested more than $11 billion in the company and is a nonvoting board observer. Current board members are Chair Bret Taylor, a former Salesforce co-CEO, former Treasury Secretary Larry Summers, and Quora CEO Adam D’Angelo.

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Sam Altman, left, CEO of OpenAI and Howard Lutnick, U.S. Commerce Secretary. Photos via Getty Images; art by Mike Sullivan
Exclusive

Trump Administration Asks OpenAI to Stagger Release of New Model Over Security Concerns

By Leo Schwartz, Stephanie Palazzolo and Amir Efrati · Jun 25, 2026 1:16pm PDT · 2 comments
For AI companies on the verge of releasing cutting edge new AI models, there’s a new normal in the wake of the Trump administration’s tense showdown with Anthropic in recent weeks. On Wednesday, for example, OpenAI CEO Sam Altman informed staff during a Q&A session that the company would release its latest model, GPT 5.6, in a limited... For AI companies on the verge of releasing cutting edge new AI models, there’s a new normal in...
Art by Mike Sullivan

How AI Customers Are Lowering Their Anthropic and OpenAI Bills

By Laura Bratton and Catherine Perloff · Jun 23, 2026 6:00am PDT
As prices for Anthropic’s and OpenAI’s flagship products soar, some large customers are using cheaper AI models from those companies’ menus as well as from other providers. Ensemble Health Partners, a provider of software for hospitals that plans to spend up to $100 million on AI this year, says it’s had success switching to an OpenAI model that... As prices for Anthropic’s and OpenAI’s flagship products soar, some large customers are using...
OpenAI CEO Sam Altman. Photo via Getty Images
IPOs

How OpenAI’s Web of Business Relationships Could Complicate Its IPO

By Cory Weinberg and Erin Woo · Jun 22, 2026 6:00am PDT
Few companies have gone public with books as unusual as OpenAI’s. At first glance, the company portrayed by the AI startup’s financial statements, reviewed by The Information, resembles a lean, low-debt software business. Its balance sheet, as at March 31, had zero debt and less than $750 million of lease liabilities. Its cash-flow statement,... Few companies have gone public with books as unusual as OpenAI’s. At first glance, the company...
Art by Clark Miller.
AI Agenda

OpenAI Discovers New Way to Cut Inference Costs in Half

By Stephanie Palazzolo · Jun 30, 2026 7:06am PDT · 2 comments
We closely track efforts by Anthropic, Google and OpenAI to get access to more server chips to run their models. But we don’t talk enough about the work these companies are doing to get more juice from the servers they already have.In one previously unreported example, OpenAI engineers earlier this month told some colleagues they had figured out... We closely track efforts by Anthropic, Google and OpenAI to get access to more server chips to...