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American artificial intelligence company
OpenAI is an American artificial intelligence (AI) public benefit corporation (PBC) headquartered in San Francisco, California. It develops "frontier" generative AI models, particularly its generative pre-trained transformer (GPT) series of large language models. Its release of ChatGPT in November 2022 has been credited with catalyzing the AI boom, leading to widespread use of generative AI; as of September 2026, ChatGPT is the fifth-most-visited website globally. OpenAI also releases the GPT Image models and Codex, an AI coding agent.
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AI stocks fell Thursday as new figures put OpenAI’s annualized revenue roughly $20 billion below previous reports, raising questions about the sector’s growth. The ChatGPT maker told investors its annualized revenue was approaching $50 billion at the end of September,...
AI-linked shares declined after reports that OpenAI presented investors with a $50 billion annualized revenue figure, reviving questions about comparable revenue measures.
Arm Holdings fell 6.48% on October 8 as an FT report on OpenAI’s revenue deepened a chip selloff. OpenAI signed on for Arm’s AGI CPU, and SoftBank, OpenAI’s backer and Arm’s parent, supplied 33.6% of Arm’s fiscal Q1 licensing revenue.