Company profile: OpenAI
1.1 - Company Overview
Company description
- Provider of AI research and deployment, developing machine learning technologies for autonomous learning and task performance, serving technology, healthcare, and education. Offers ChatGPT for conversational assistance, DALL·E for image generation, Sora for text-to-video, ChatGPT for Teams for collaboration, the OpenAI API for access to language models in applications, and the OpenAI Residency to transition researchers and engineers into AI and machine learning roles.
Products and services
- OpenAI API: Delivers an API-based platform providing access to OpenAI’s language models for integration into applications, enabling task performance
- ChatGPT: A conversational-model product that assists with a wide range of tasks, from answering questions to generating creative content, supporting human activities
- Sora: A text-to-video tool that creates video content from text inputs, focusing on generating realistic and imaginative visuals
Key contacts
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Financial details
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1.2 - Competitors and similar companies to OpenAI
Hive
HQ: United States
Website
- Description: Provider of cloud-based AI solutions for understanding, searching, and generating content.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Abacus AI
HQ: United States
Website
- Description: Provider of an AI-assisted data science and end-to-end MLOps platform that helps organizations design, train, and operationalize machine and deep learning models, and plug-and-play deep learning into customer experiences and business processes. Solutions include AI agents, ChatLLM, forecasting and planning, anomaly detection, language AI, and personalization AI.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Together
HQ: United States
Website
- Description: Provider of a cloud-based platform for open-source generative AI, featuring a high-efficiency, low-latency inference engine; serverless endpoints with automatic scaling; dedicated instances with configurable hardware and scaling control; services for building and training custom models; and high-performance GPU clusters with expert support.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Decart
HQ: United States
Website
- Description: Provider of AI models that transform live footage into immersive digital environments in real time to enhance streaming experiences, leveraging efficient AI training and inference capabilities and cluster training reliability.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Neural Concept
HQ: Switzerland
Website
- Description: Provider of 3D deep learning platforms for industrial engineering that integrate with CAD/CAE to accelerate R&D and design, predict and optimize product performance, reduce simulations, and enable real-time exploration of design variations. Solutions include end-to-end environments that handle data pipelines, 3D machine learning models, and optimization campaigns to enhance product development across industries.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for OpenAI
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to OpenAI
2.2 - Growth funds investing in similar companies to OpenAI
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4 - Top valuation comps for OpenAI
4.2 - Public trading comparable groups for OpenAI
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