Company Note: OpenAI, Inc.

OpenAI Corporate Information

Company Overview

• Full Name: OpenAI, Inc.

• Type: Private company (originally non-profit, transitioned to "capped-profit" in 2019)

• Industry: Artificial Intelligence / Data Intelligence

• Founded: December 11, 2015

• Headquarters: San Francisco, California, USA

Mission

To ensure that artificial general intelligence benefits all of humanity.

Key People

• CEO: Sam Altman

• President: Greg Brockman

• Chief Scientist Officer: Jakub Pachocki

• Chief Technology Officer: Mira Murati

• Chief Operating Officer: Brad Lightcap

• Chief Financial Officer: Sarah Friar

• Chief Product Officer: Kevin Weil

Board of Directors

• Bret Taylor (Chairman)

• Sam Altman

• Lawrence Summers

• Adam D'Angelo

• Sue Desmond-Hellmann

• Nicole Seligman

• Fidji Simo

• Paul Nakasone

Major Investors

• Microsoft (owns roughly 49% of OpenAI's equity)

• Reid Hoffman

• Peter Thiel

• Jessica Livingston

• Khosla Ventures

• Infosys

• Thrive Capital

Key Products/Services

• GPT (Generative Pre-trained Transformer) series

• ChatGPT

• DALL-E

• Codex

• Whisper

• Sora

Recent Developments

• Launched GPT-4o in May 2024

• Announced partnership with Apple Inc. in June 2024

• Acquired Multi (formerly Remotion) in June 2024

• Working on "Project Strawberry" to enhance AI reasoning capabilities

Financials (as of latest available information)

• Revenue: $28 million (2022)

• Net Income: -$540 million (2022)

• Valuation: Estimated $90 billion (as of June 2024)

• Number of Employees: Approximately 1,500 (2024)