OpenAI

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Key Facts

Founded2015

Key PeopleSam Altman, Greg Brockman

HeadquartersSan Francisco, USA

ProductsChatGPT, GPT, Codex, ChatGPT Health

Top News

Fynd processes 4.3 million AI customer interactions using OpenAI models across retail sectors

Fynd, backed by Reliance Retail Ventures Limited, has processed over 4.3 million customer interactions using OpenAI's large language models. The AI-native retail technology company's conversational AI agent now serves 1.1 million users and handles 750,000 interactions monthly across fashion, beauty, healthcare, and e-commerce sectors.

Technology2 sources

Fynd processes 4.3 million AI customer interactions using OpenAI models across retail sectors

Technology2 sources

OpenAI releases GPT-5.5, advancing toward AI superapp with enhanced coding and research tools

OpenAI unveiled GPT-5.5 on Thursday, calling it its smartest and most intuitive AI model yet. Released just seven weeks after GPT-5.4, the model brings significant improvements in agentic coding, knowledge work, and scientific research. President Greg Brockman says it's a step toward OpenAI's planned superapp that will unify ChatGPT, Codex, and AI browser capabilities.

Technology35 sources

OpenAI releases GPT-5.5, advancing toward AI superapp with enhanced coding and research tools

Technology35 sources

Cerebras Systems files for IPO after landing $20 billion OpenAI deal and challenging Nvidia

Cerebras Systems, an AI chipmaker building wafer-scale processors, has filed publicly for an IPO months after withdrawing a previous attempt. The company brought in $510 million in revenue in 2025 with a $24.6 billion backlog, including a massive $20 billion deal with OpenAI. But despite 20x revenue growth since 2022, Cerebras remains operationally unprofitable with 86% of revenue coming from just two customers.

Business11 sources

Cerebras Systems files for IPO after landing $20 billion OpenAI deal and challenging Nvidia

Business11 sources

Kevin Weil and Bill Peebles leave OpenAI as company abandons moonshots for enterprise focus

OpenAI is losing Kevin Weil, who led its science research initiative, and Bill Peebles, the researcher behind Sora. The executive departures follow the company's decision to shut down costly projects like Sora, which burned $1 million daily, and Prism as it pivots toward enterprise AI and building a Codex-based superapp.

Business12 sources

Kevin Weil and Bill Peebles leave OpenAI as company abandons moonshots for enterprise focus

Business12 sources

Construction delays hit 40% of AI data centers as power infrastructure and labor shortages stall expansion

Satellite imagery reveals nearly 40% of US data centers planned for 2026 face significant delays as tech giants struggle with labor shortages, power infrastructure bottlenecks, and permitting hurdles. Major projects from Microsoft, OpenAI, and Oracle are likely to miss completion dates by over three months, threatening to slow AI expansion despite hundreds of billions in planned investment.

Business12 sources

Construction delays hit 40% of AI data centers as power infrastructure and labor shortages stall expansion

Business12 sources

Workers earn extra income training AI systems that could eliminate their own jobs

Mercor, a $10 billion startup, recruits doctors, lawyers, and social workers to teach AI how to do their jobs—paying them as much as their full-time work. Meanwhile, economists debate whether AI job displacement will trigger economic collapse or simply shift labor to new sectors. Congress remains largely silent despite mounting evidence of disruption.

Technology4 sources

Workers earn extra income training AI systems that could eliminate their own jobs

Technology4 sources

Sequoia Capital raises $7 billion late-stage fund to double down on AI investment under new leaders

Sequoia Capital has secured roughly $7 billion for a new expansion strategy fund, nearly doubling its 2022 vehicle of $3.4 billion. The fundraise marks the first major capital raise under new co-stewards Alfred Lin and Pat Grady, who took leadership in November 2025. The fund targets late-stage investments in US and Europe, with a sharp focus on AI giants like OpenAI and Anthropic, both eyeing 2026 public listings.

Business4 sources

Sequoia Capital raises $7 billion late-stage fund to double down on AI investment under new leaders

Business4 sources

OpenAI unveils GPT-Rosalind AI model to accelerate drug discovery and life sciences research

OpenAI released GPT-Rosalind, its first domain-specific AI model built for life sciences research. Named after DNA pioneer Rosalind Franklin, the model aims to compress the 10-to-15-year drug development timeline by helping scientists synthesize evidence and generate biological hypotheses. Access is restricted through a trusted access program to enterprise partners including Amgen, Moderna, and Thermo Fisher Scientific.

Technology14 sources

OpenAI unveils GPT-Rosalind AI model to accelerate drug discovery and life sciences research

Technology14 sources

OpenAI supercharges Codex with desktop control as it partners with Infosys and consulting giants

OpenAI is transforming Codex from an AI coding tool into a productivity powerhouse that can control your desktop. The company partnered with Infosys, Accenture, PwC, and other global consulting firms to accelerate enterprise adoption, while adding background automation, 100+ plugins, and memory features. With over 4 million weekly users and competition heating up against Anthropic's Claude Code, OpenAI is positioning Codex as the foundation for a future super app.

Technology20 sources

OpenAI supercharges Codex with desktop control as it partners with Infosys and consulting giants

Technology20 sources

American Express acquires Sam Altman-backed Hyper to deploy AI agents for expense management

American Express announced it will acquire Hyper, an AI-focused expense management startup backed by OpenAI CEO Sam Altman. The deal, expected to close in Q2 2026, positions AmEx to deploy autonomous AI agents that categorize expenses, file reports, and handle compliance checks automatically, marking a shift from traditional expense software to agentic finance.

Startups6 sources

American Express acquires Sam Altman-backed Hyper to deploy AI agents for expense management

Startups6 sources

ChatGPT could soon remember your face to streamline AI image generation for social media trends

OpenAI is testing a new feature that allows ChatGPT to remember user-uploaded images, eliminating the need to re-upload photos repeatedly when creating AI-generated images for viral social media trends. Spotted in the ChatGPT Android app beta, the 'Reference photo' option lives in the Memories section and gives users full data control to replace or delete stored images anytime.

Technology2 sources

ChatGPT could soon remember your face to streamline AI image generation for social media trends

Technology2 sources

Apple sends Siri engineers to AI coding bootcamp ahead of major reboot at WWDC 2026

Apple is sending fewer than 200 Siri engineers to a multi-week AI coding bootcamp as the company races to unveil a next-generation, AI-powered version of its voice assistant. The move comes less than two months before WWDC 2026, where Apple is expected to preview a Siri experience powered by Google Gemini that functions more like ChatGPT than the current built-in tool.

Technology3 sources

Apple sends Siri engineers to AI coding bootcamp ahead of major reboot at WWDC 2026

Technology3 sources

Oracle's $38 billion AI infrastructure loan nears completion after months of investor struggle

JPMorgan Chase and Mitsubishi UFJ Financial Group are close to completing Oracle's record-shattering $38 billion loan for data center projects in Texas and Wisconsin. But the months-long struggle to distribute the debt across two dozen investors raises questions about market appetite for AI infrastructure financing as Oracle's credit risk surges and the tech giant burns through cash on its ambitious Stargate AI infrastructure contract with OpenAI.

Business2 sources

Oracle's $38 billion AI infrastructure loan nears completion after months of investor struggle

Business2 sources

AI Use Erodes User Confidence and Cognitive Abilities, Multiple Studies Reveal

Recent peer-reviewed research shows that heavy reliance on AI tools significantly reduces confidence in independent reasoning and degrades cognitive abilities. Studies involving nearly 2,000 participants found that people who heavily depend on AI for work tasks report lower confidence and less ownership over their output, while those who actively edit AI-generated content maintain stronger cognitive skills.

Science8 sources

AI Use Erodes User Confidence and Cognitive Abilities, Multiple Studies Reveal

Science8 sources

Starbucks launches ChatGPT AI tool to match drinks to moods, but ordering experience divides users

Starbucks unveiled a beta app inside ChatGPT that helps customers discover drinks based on their mood, outfit, or even the weather. Users can prompt @Starbucks for personalized drink recommendations and customize orders before completing checkout in the Starbucks app. But early reviews reveal a clunky ordering process that may frustrate regular customers seeking quick transactions.

Technology15 sources

Starbucks launches ChatGPT AI tool to match drinks to moods, but ordering experience divides users

Technology15 sources

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