OpenAI has seen its usage market share drop from 50% in 2023 to 27% at the end of 2025, facing intensifying competition from Anthropic and Google. Altman and CFO Sarah Friar have been selling investors on OpenAI's growth story as the company looks to wrap up what could be a $100 billion fundraising round, with OpenAI reportedly racing toward a fourth-quarter 2026 initial public offering.
Cyborg Score Rationale
ChatGPT is back to exceeding 10% monthly growth and Codex grew about 50% from a week ago with growth described as insane. However, the company is currently valued at $500 billion but doesn't expect to turn a profit until 2030, and has committed to $1.4 trillion worth of data center spending by 2033.
Top Insights
Anthropic holds a dominant lead in enterprise large language model usage with 40% market share, forcing OpenAI to refocus on enterprise segment
OpenAI begins testing ads within ChatGPT with clearly labeled ads appearing at bottom of answers
OpenAI is on track to announce its first hardware device in the second half of 2026, possibly earbuds codenamed Sweet Pea with custom 2-nanometer processor for local AI processing
OpenAI and SoftBank each invested $500 million into SB Energy, with OpenAI selecting SBE to build 1.2 GW data center site in Milam County
Named Competitors
Gemini — Large language model with growing market share
Claude — Enterprise-focused AI with 40% LLM market share leadership
Grok — AI chatbot integrated into Tesla vehicles
Recent Developments
(February 2026) ChatGPT begins official testing of ads at bottom of responses; Sam Altman reports reaccelerating 10%+ monthly growth
(February 2026) Lockdown Mode security feature rolled out for high-risk users with Elevated Risk labels for certain capabilities
(January 2026) OpenAI and SoftBank announce partnership with SB Energy as part of $500B Stargate initiative for AI infrastructure
(January 2026) Company reportedly preparing for Q4 2026 IPO with $100B fundraising round targeting $830B valuation
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