Model laboratory
GPT models · ChatGPT · OpenAI API
Model laboratory · US
OpenAI
Develops the GPT model family and the ChatGPT product, with a commercial API alongside consumer and enterprise offerings.
$50.0B
Likely · Media report. Annualized pace, not accounting revenue.
$12.0B
Closed primary equity funding; separate from valuation, debt and secondary transfers.
Products and position
Model developmentAI applications
The capital behind the models
Recorded primary equity$182.8BThrough 2026-03-31
Observed closed rounds11Source-covered transactions, not all funding
Loading chartRecorded closed equity, not valuation, revenue or complete lifetime funding. A step marks a reported transaction; source coverage differs between laboratories.
Anthropic$74.4B recorded equity · 2026-04-24
DeepSeek$7.5B recorded equity · 2026-06-16
xAI$37.0B recorded equity · 2026-01-06REPORTED ECONOMIC FIGURES
Different measures, different meanings
$50.0BAnnualized revenue run rate2026-09-30 · Likely
Loading chartA reported annualized pace, not accounting revenue or ARR. Report dates are not daily observations or necessarily fiscal-period ends.
Latest included report · LikelyThe economic records concern OpenAI. Funding, valuation, ARR and reported revenue pace remain distinct. Reported growth does not isolate the causal contribution of AI. R&D is all company R&D, not AI-only investment or capital expenditure.
