OpenAI
private company · JSON
promises on the ledger
- disputed Sam Altman, CEO, 2025-01-06: AI agents will join the workforce and materially change company output during 2025. (by 2025-12-31) · source ↗
- pending Sam Altman, CEO, 2024-09-23: Superintelligence may arrive within a few thousand days (roughly the early-to-mid 2030s). · source ↗
- pending Sam Altman, CEO, 2025-06-10: AI systems that can produce novel insights arrive in 2026; robots doing real-world tasks arrive in 2027. (by 2026-12-31) · source ↗
- pending Sam Altman, CEO, 2025-08-14: Investors are collectively overexcited about AI, i.e. the market is in a bubble phase, even though the technology is real. · source ↗
- walked back OpenAI (official blog; team led by Ilya Sutskever and Jan Leike), 2023-07-05: OpenAI will solve the core technical challenges of superintelligence alignment by mid-2027, dedicating 20% of secured compute to the effort. (by 2027-07-05) · source ↗
- met Sam Altman, CEO, 2025-02-12: GPT-5, unifying OpenAI's model lines, ships within months of February 2025. (by 2025-12-31) · source ↗
- pending Sam Altman, CEO, and Jakub Pachocki, chief scientist, 2025-10-28: An intern-level automated AI researcher exists by September 2026; a fully autonomous AI researcher by 2028. (by 2026-09-30) · source ↗
- met Sam Altman, CEO, 2025-11-06: OpenAI exceeds a $20 billion annualized revenue run rate by end of 2025 (and reaches hundreds of billions by 2030). (by 2025-12-31) · source ↗
in the incident register
- 2026-09-03 ChatGPT, Claude and Grok went down within the same hour, each for its own reason (ai service outage) · source ↗
- 2026-07-16 OpenAI evaluation agents coordinated to breach Hugging Face infrastructure (ai security) · source ↗
- 2025-10-06 Deloitte refunds part of A$440k Australian government report over AI-fabricated citations (ai wrong in prod) · source ↗
- 2025-04-28 OpenAI rolled back a GPT-4o update that made ChatGPT dangerously sycophantic (ai wrong in prod) · source ↗
- 2024-12-11 OpenAI outage: new telemetry service overwhelmed Kubernetes control planes (ai service outage) · source ↗
- 2023-03-20 ChatGPT bug in Redis client exposed other users' chat titles and payment details (ai security) · source ↗
its status page
OpenAI: 14 incident notice(s) in the last 7 days, 24 in 30. Latest: Elevated errors in ChatGPT Work.
Counted from the provider's own status page. broke prod
in the feed
- OpenAI Discloses Six AI Misalignment Cases Under New Framework OpenAI disclosed six cases of unexpected or unauthorized model behavior and introduced a voluntar · ai news · #ArtificialIntelligence on Mastodon
- OpenAI Puts $1 Billion Behind AI Cyber Defense Platform OpenAI is subsidizing access to its Daybreak security platform after showing GPT-6 Astra can find zero-d · ai news · #AI on Mastodon
- https://thoughts.pivic.com/nick-cave-and-ai-candour-vs-bullshit/ I've written a post about the different emotions I get from reading Nick Cave's Q&A archive nam · ai news · #ArtificialIntelligence on Mastodon
- Jev skips text generation entirely for typed outputs, a 4B model beats Postgres query planner in tests, and OpenAI formalizes model misbehavior disclosures. Moz · ai news · #AI on Mastodon
- "We are sharing a new framework for tracking, investigating, and disclosing instances of model misalignment at OpenAI, along with six reports on unexpected or c · ai news · #AI on Mastodon
- 🤖 OpenAI reveals cases of ‘concerning’ AI behaviour and promises new plan for disclosing issues Research model inserting ‘jailbreak-like instructions’ into its · ai news · #ArtificialIntelligence on Mastodon
$827B committed out across 13 live deal(s) · $261B received across 8. Face value, as announced; undisclosed amounts count as deals and add nothing.
Valuation: $852B as of 2026-03-31 — source
Circularity: 61% of its $153B named funding came from companies it also pays (Microsoft, Nvidia, Amazon).
$122B round closed 2026-03-31 at $852B post-money (Amazon $50B, SoftBank $30B, Nvidia $30B). Confidential draft S-1 submitted to the SEC on 2026-06-08.
OpenAI in focus. Click a company for its page, a curve for the deal.
Counterparties
| Counterparty | OpenAI pays / invests | OpenAI receives | Deals | |
|---|---|---|---|---|
| Microsoft | $288B | $13B | 3 | circular |
| Oracle | $300B | — | 1 | |
| Amazon | $138B | $50B | 3 | circular |
| NVIDIA | — | $135B | 3 | circular |
| SoftBank Group | — | $63B | 3 | |
| US federal government | $42.6B | — | 1 | |
| CoreWeave | $22.4B | — | 1 | |
| Stargate JV (OpenAI, SoftBank, Oracle, MGX) | $19B | — | 1 | |
| Cerebras Systems | $10B | — | 1 | |
| io Products (Jony Ive) | $6.5B | — | 1 | |
| AMD | — | — | 2 | circular |
| Broadcom | — | — | 1 |
Money that goes around
OpenAI ⇄ Microsoft $288B one way · $13B back
- $250B compute / cloud contract, 2025-10-28, announced — Microsoft blog
- $38B revenue share, 2026-04-27, closed / funded — Microsoft blog (Apr 27 2026)
- $13B equity investment, 2023-01-23, closed / funded — Microsoft blog (Oct 28 2025)
OpenAI ⇄ Amazon $138B one way · $50B back
- $38B compute / cloud contract, 2025-11-03, announced — Amazon newsroom
- $100B compute / cloud contract, 2026-02-27, announced — Amazon newsroom
- $50B equity investment, 2026-02-27, closed / funded — Amazon newsroom
OpenAI ⇄ NVIDIA $0B one way · $135B back
- undisclosed chip supply deal, 2025-09-22, announced — NVIDIA newsroom
- $30B equity investment, 2026-02-27, closed / funded — CNBC
- $105B debt, guarantee or project finance, 2026-08-17, announced — CNBC (citing Nvidia 8-K)
OpenAI ⇄ AMD $0B one way · $0B back
- undisclosed chip supply deal, 2025-10-06, announced — AMD press release
- undisclosed equity investment, 2025-10-06, announced — AMD press release
Announced per month
Click a month to list the deals.
OpenAI pays or invests
| Deal | Amount ▾ | Type | Announced | Source |
|---|---|---|---|---|
| OpenAI → Oracle | $300B Reported by the WSJ (five years from 2027, about 4.5 GW); neither company has confirmed the figure. S&P says OpenAI is about half of Oracle's $638B backlog. A planned ~600 MW expansion of the Abilene site was dropped in March 2026. | Compute / cloud contract | 2025-09-10 reported, not confirmed by the parties | DCD, citing WSJ · second source single-source figure #bf5a91 |
| OpenAI → Microsoft | $250B 'Incremental $250B of Azure services' contracted; Microsoft lost right of first refusal on OpenAI compute. April 2026 amendment kept Azure as primary cloud / first-ship platform; Feb 2026 joint statement: Azure remains exclusive for stateless OpenAI API calls. | Compute / cloud contract | 2025-10-28 announced | Microsoft blog · second source #f86156 |
| OpenAI → Amazon | $100B Expansion of the $38B agreement 'by $100 billion over 8 years', including ~2 GW of Trainium capacity. | Compute / cloud contract | 2026-02-27 announced | Amazon newsroom #b7e6a2 |
| OpenAI → US government | $42.6B PROPOSAL ONLY (Financial Times, 2026-07-02): a 5% stake - about $42.6B at $852B - in a public-wealth vehicle. Early stage, would need Congress; not executed. | Government stake / grant | 2026-07-02 reported, not confirmed by the parties | CNBC, citing Financial Times · second source single-source figure #082e42 |
| OpenAI → Microsoft | $38B Cap, reported. Companies confirmed (2026-04-27) revenue share continues through 2030 'at the same percentage but subject to a total cap', independent of AGI; the ~20% rate and $38B cap are per The Information (May 2026), not confirmed by either company. | Revenue share | 2026-04-27 closed / funded | Microsoft blog (Apr 27 2026) · second source single-source figure #047352 |
| OpenAI → Amazon | $38B Seven-year AWS agreement; hundreds of thousands of Nvidia GPUs; all capacity targeted before end-2026. | Compute / cloud contract | 2025-11-03 announced | Amazon newsroom #075d0d |
| OpenAI → CoreWeave | $22.4B Up to; cumulative: $11.9B (Mar 2025, OpenAI also received ~$350M of CoreWeave stock) + $4B (May 2025) + $6.5B (Sept 2025). | Compute / cloud contract | 2025-03-10 announced | CoreWeave IR · second source #86b4a0 |
| OpenAI → Stargate JV | $19B Reported (The Information); see softbank->stargate. | Equity investment | 2025-01-21 reported, not confirmed by the parties | DCD, citing The Information single-source figure #0a2c1c |
| OpenAI → Cerebras | $10B 'Worth over $10B' per CNBC; the companies' own announcement gives 750 MW of wafer-scale inference capacity through 2028 and no dollar figure. Cerebras listed on 2026-05-14. | Compute / cloud contract | 2026-01-14 announced | CNBC · second source single-source figure #b8d762 |
| OpenAI → io (Jony Ive) | $6.5B All-stock; announced 2025-05-21 (reported $6.4-6.5B), closed 2025-07-09. OpenAI's largest acquisition. | Acquisition | 2025-05-21 closed / funded | Bloomberg · second source #4443c5 |
| OpenAI → Broadcom | undisclosed 10 GW of OpenAI-designed accelerators and Broadcom Ethernet racks; deployment 2H 2026 through end-2029. No dollar figure disclosed. | Chip supply deal | 2025-10-13 announced | Broadcom IR #ad3e8c |
| OpenAI → AMD | undisclosed 6 GW of AMD Instinct GPUs across generations; first 1 GW of MI450 in 2H 2026. Dollar value undisclosed (analysts: tens of billions per GW). | Chip supply deal | 2025-10-06 announced | AMD press release · second source #6d1cba |
| OpenAI → Nvidia | undisclosed At least 10 GW of Nvidia systems; first GW on Vera Rubin targeted 2H 2026. Dollar value undisclosed; LOI-level commitment, equity leg dropped. | Chip supply deal | 2025-09-22 announced | NVIDIA newsroom single-source figure #e196b0 |
OpenAI receives
| Deal | Amount ▾ | Type | Announced | Source |
|---|---|---|---|---|
| Nvidia → OpenAI | $105B Up to. A lease GUARANTEE, not a loan: Nvidia stands behind up to $105B of OpenAI's lease obligations for an SB Energy data-center campus in Pike County, Ohio (first capacity due 2028), and pays only if OpenAI does not. Reported at about $250B in July and 'under $120B' on Aug 14 before Nvidia's filing set the cap. | Debt, guarantee or project finance | 2026-08-17 announced | CNBC (citing Nvidia 8-K) · second source #ac57b2 |
| Nvidia → OpenAI | $100B Letter of intent only: 'up to $100B progressively as each gigawatt is deployed' (10 GW). Never became a definitive agreement; Huang, 2026-03-04: 'probably not in the cards'. Superseded by a $30B equity cheque and the $105B lease guarantee. | Equity investment | 2025-09-22 cancelled / never closed | NVIDIA newsroom · second source #3edc34 |
| Amazon → OpenAI | $50B $15B upfront + $35B once conditions were met (reported: an IPO or an AGI milestone). Amazon's Q2 2026 report: $15B in Q1, $13.7B in Q2, the remaining $21.3B after June 30 - fully funded by July 2026. | Equity investment | 2026-02-27 closed / funded | Amazon newsroom · second source single-source figure #75ec78 |
| Nvidia → OpenAI | $30B Part of the $122B round closed 2026-03-31 at $852B post-money (Amazon $50B, SoftBank $30B, Nvidia $30B). Huang: this 'might be the last' Nvidia investment in OpenAI. | Equity investment | 2026-02-27 closed / funded | CNBC · second source #bd0a22 |
| SoftBank → OpenAI | $30B Co-led the 2026 round ($110B announced 2026-02-27; closed 2026-03-31 at $122B and $852B post-money). | Equity investment | 2026-02-27 closed / funded | CNBC · second source #7cff70 |
| SoftBank → OpenAI | $30B March 2025 commitment (led the $40B round at $300B post-money): $7.5B at first closing (Apr 2025) + $22.5B at second closing (2025-12-26) via Vision Fund 2; co-investors added $11B (total $41B). SoftBank's stake ~11% after this. Funded partly by selling its entire Nvidia stake ($5.83B) and T-Mobile shares. | Equity investment | 2025-03-31 closed / funded | SoftBank Group press release · second source #8f5feb |
| Microsoft → OpenAI | $13B $13B committed ($1B in 2019 + $10B in January 2023); Microsoft's 10-Q for the quarter to 2025-09-30 put the funded amount at $11.6B. The October 2025 recapitalization left Microsoft with about 27% of OpenAI Group PBC (as-converted, diluted). | Equity investment | 2023-01-23 closed / funded | Microsoft blog (Oct 28 2025) · second source #df0dba |
| SoftBank → OpenAI | $3B PER YEAR. Taxonomy stretch: this is enterprise product/licensing spend, not compute. SoftBank Group 'will spend $3 billion US annually to deploy OpenAI's solutions across its group companies' (Cristal intelligence; SB OpenAI Japan JV). | Compute / cloud contract | 2025-02-03 announced | SoftBank Group press release #8deda2 |
| Microsoft → OpenAI | undisclosed Microsoft's revenue share to OpenAI (on Azure OpenAI / product revenue) ended: 'Microsoft will no longer pay a revenue share to OpenAI.' Amount never disclosed. | Revenue share | 2026-04-27 cancelled / never closed | Microsoft blog (Apr 27 2026) #b22ddc |
| AMD → OpenAI | undisclosed Warrant for up to 160M AMD shares (~10% of AMD) at $0.01, vesting in tranches on GPU purchase milestones AND AMD share-price targets; exercisable through 2030-10-05. Value depends on vesting; no cash changes hands upfront. | Equity investment | 2025-10-06 announced | AMD press release · second source #ee6ff4 |
Every amount links to its source; a "reported" status means the parties never confirmed it; cancelled deals stay listed. All deals · how this site works.