Artificial intelligence (AI) has gone from a Silicon Valley experiment to the hottest thing on Wall Street, and much of that frenzy traces back to OpenAI. A few years ago, OpenAI was simply another ambitious AI research lab in Silicon Valley. Then ChatGPT arrived in late 2022 and flipped the tech world upside down. Students, offices, and global corporations are leaning on AI daily, while some tech giants scramble to keep pace. ChatGPT alone captured roughly 54% of global generative AI traffic in April.
What started as a chatbot quickly became the spark behind today’s AI frenzy, helping push OpenAI’s private valuation beyond an astonishing $852 billion. That valuation alone has made OpenAI one of the most valuable private companies in the tech world.
