OpenAI

OpenAI is an artificial intelligence research organization founded in 2015. It created AI chatbot ChatGPT. Competitors include other AI research organizations such as DeepMind and Google Brain. OpenAI was founded by Sam Altman, former president of startup accelerator Y Combinator, Greg Brockman, former chief technology officer and third employee of Stripe, and Ilya Sutskever, a former Google expert on machine learning. Microsoft has invested more than $11 billion in the company and is a nonvoting board observer. Current board members are Chair Bret Taylor, a former Salesforce co-CEO, former Treasury Secretary Larry Summers, and Quora CEO Adam D’Angelo.

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Art by Clark Miller
Artificial Intelligence

Do We Want an Age of AI Robopets?

By Jessica Roy · Nov 1, 2025 5:26am PDT · 1 comment
One August morning, Kaarage woke up and took the train from the Japanese countryside into the city. She went to a restaurant and enjoyed a lunch of vegetables and soup, as well as an iced coffee. Afterward, she studied a musical score on her iPad, then went home to relax. Kaarage is not a person: She’s an internet-beloved Moflin, an... One August morning, Kaarage woke up and took the train from the Japanese countryside into the...
Art by Clark Miller; images via YouTube
The Big Read

Benchmark’s AI Pressure Test: High Prices, Smaller Stakes—and a Poached Star

By Natasha Mascarenhas · Oct 31, 2025 9:49am PDT · 2 comments
Last year, Benchmark, the storied venture capital firm, embarked on a lavish courtship of Brendan Foody, founder and CEO of Mercor, a startup that fills a lucrative niche in AI by hiring workers to train AI programs. First, General Partner Victor Lazarte chatted with Foody over Zoom. Then Peter Fenton, the firm’s longest-tenured active GP, took... Last year, Benchmark, the storied venture capital firm, embarked on a lavish courtship of Brendan...
Ilan Twig, co-founder and chief technology officer of Navan, center left, and Ariel Cohen, co-founder and chief executive officer of Navan, center right, during the company’s initial public offering in New York.
Exclusive

Lightspeed, Zeev Win Billions From Navan IPO

By Katie Roof · Oct 30, 2025 7:44pm PDT
Travel software firm Navan, which weathered a pandemic, name change and government shutdown on its path to an initial public offering, had a disappointing start as a public company. Shares fell 20% on the first day. Its earliest investors still made big gains on paper though. Investor Oren Zeev and his affiliated funds, which invested $150... Travel software firm Navan, which weathered a pandemic, name change and government shutdown on...
Sam Altman and Ilya Sutskever in 2023. Getty Images
Artificial Intelligence

An OpenAI Founder Discusses Anthropic Merger Talks, Internal Beefs in Deposition

By Rocket Drew · Oct 31, 2025 6:47pm PDT
Anthropic initially expressed “excitement” about a possible merger with OpenAI two years ago, after OpenAI’s board fired CEO Sam Altman, OpenAI co-founder and former chief scientist Ilya Sutskever told attorneys in a deposition made public this week. Such a deal would have potentially placed Anthropic CEO Dario Amodei at the helm of OpenAI. He... Anthropic initially expressed “excitement” about a possible merger with OpenAI two years ago,...
OpenAI CFO Sarah Friar. Photo by Getty.
Dealmaker

Why OpenAI Is Likely to Tap Private Investors Again

By Sri Muppidi · Oct 30, 2025 4:55pm PDT · 1 comment
OpenAI this week restructured itself into a company with traditional equity, and it wasn’t long before rumblings about an initial public offering followed. There are plenty of reasons why an IPO listing may not happen until 2027 at the earliest, according to a person who has been involved in the discussion. Among them: It’s likely to be one of... OpenAI this week restructured itself into a company with traditional equity, and it wasn’t long...
Asha Sharma, Jenny Koehler, Jessica Lessin, Sandra Oh Lin, Lucy Guo. Photo by Erin Beach for The Information.
WTF: Women in Tech, Media and Finance

OpenAI’s Potential IPO, AI Ending 9-9-6: WTF Highlights

By The Information Staff · Oct 30, 2025 12:05pm PDT
It’s hard to find a leader in tech and finance who isn’t feverishly figuring out how to implement artificial intelligence in their company. At The Information’s Women in Tech, Media and Finance conference, executives said their use of AI had gone well beyond experimentation, changing the kind and number of employees they hire, how they reach new... It’s hard to find a leader in tech and finance who isn’t feverishly figuring out how to implement...