ReportingOct 31, 2026 · TechCrunch AI · Anthony Ha
OpenAI reportedly lowers funding target for new round
OpenAI’s latest funding round doesn't seem to be living up to expectations.
OA
OpenAI · Frontier AI lab
openai news
Company profile
OpenAI
ChatGPT, GPT-5, Sora, and the company defining the frontier.
- Focus
- Frontier AI lab
- Founded
- 2015
- HQ
- San Francisco, CA
About OpenAI
OpenAI is the frontier AI lab behind ChatGPT, the GPT model family, DALL·E, and Sora. Structured as a capped-profit company under a nonprofit board, it ships both consumer products and the API developers use to build on GPT. Its work sets the commercial and safety tempo the rest of the industry reacts to.
Official sources
Primary — direct from OpenAILatest OpenAI news, product launches, model releases, and leadership commentary — from OpenAI directly, plus the people on The Twenty Five who help shape it: Greg Brockman and Kevin Weil.
On the roster
- OAOpenAIFrontier AI lab · OpenAI
- GBGreg BrockmanPresident · OpenAI
- KWKevin WeilChief Product Officer · OpenAI
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