Why OpenAI matters
OpenAI's annualized revenue passed $40 billion in August 2026, roughly double its end-of-2025 run rate, according to Bloomberg. Growth comes from ChatGPT subscriptions, the API, and coding agents such as Codex, plus a new advertising business. The October 2025 restructuring into OpenAI Group PBC set up the company to raise larger rounds and, per multiple reports, to prepare for a public listing.
The numberAnnualized revenue topped $40 billion in August 2026, about twice the end-of-2025 level (Bloomberg, Aug 13, 2026)
On The Agentic 80
Listed under Frontier labs and platforms. The model makers whose agent products set the pace for everyone else.
On The All Things AI 100
Listed under Frontier labs. The companies training the largest models.
Quick answers
- What does OpenAI do?
- Builds the GPT models, ChatGPT, and developer APIs and agent tools such as Codex and the Agents SDK. OpenAI's annualized revenue passed $40 billion in August 2026, roughly double its end-of-2025 run rate, according to Bloomberg.
- What AI capabilities does OpenAI offer?
- OpenAI provides ChatGPT for business users to draft, analyze, and search information, and an API that adds language, vision, speech, and embedding models to company software. Codex assists developers with coding tasks. ChatGPT agent, the Agents SDK, and related agent tools let teams build assistants that follow multi-step workflows using tools and company data.
- Why is OpenAI on The Agentic 80?
- OpenAI is listed under Frontier labs and platforms. The model makers whose agent products set the pace for everyone else. Annualized revenue topped $40 billion in August 2026, about twice the end-of-2025 level (Bloomberg, Aug 13, 2026).
- Why is OpenAI on The All Things AI 100?
- OpenAI is listed under Frontier labs. The companies training the largest models. Annualized revenue topped $40 billion in August 2026, about twice the end-of-2025 level (Bloomberg, Aug 13, 2026).
- Where is OpenAI based, and who owns it?
- OpenAI is based in San Francisco, CA, was founded in 2015 and is private; OpenAI Group PBC controlled by the nonprofit OpenAI Foundation.