OpenAI sells ChatGPT subscriptions and workplace plans, gives developers access to its models through APIs and offers Codex for software-engineering work. Its users range from individuals to businesses and software teams, linking a consumer assistant with enterprise workspaces and developer infrastructure. The company is reportedly discussing another financing that could value it as high as $1.5 trillion, according to Forbes.
With Codex, an engineer can assign a feature, refactor, migration or pull-request task through ChatGPT, an editor or a terminal. OpenAI says the agent can work in cloud environments and separate worktrees, complete code changes and tests, and run scheduled jobs such as issue triage, alert monitoring and continuous-integration work. That takes the product beyond isolated code suggestions and into recurring development tasks.
OpenAI distributes its models through several connected products. Individuals use ChatGPT, while Business workspaces can connect with Google Workspace, Slack, GitHub and Microsoft 365. The business model includes consumer subscriptions, standard and premium Business seats and custom Enterprise contracts; OpenAI also offers credit- or token-based Enterprise pricing. Codex is included in its Business plan.
Forbes, citing The New York Times’ DealBook, said investors had approached OpenAI at a $1.2 trillion valuation and that OpenAI was seeking $1.5 trillion. It also cited The Wall Street Journal’s report of early talks at a valuation above $1.2 trillion. Forbes did not report the amount OpenAI might raise, a lead investor or final terms. OpenAI said its previous financing closed in March with $122 billion of committed capital at an $852 billion post-money valuation.
The talks follow substantial company-reported adoption. OpenAI said in March that ChatGPT had more than 50 million subscribers, Codex served more than 2 million weekly users and its APIs processed more than 15 billion tokens a minute. Enterprise products accounted for more than 40% of revenue. Forbes reported that OpenAI was on track in August to generate $40 billion in annualized revenue, a projection based on a shorter period rather than revenue already booked for a full year.
For OpenAI, the operating question is whether engineers and companies keep using Codex and its business workspaces for recurring production work rather than occasional experiments. The answer will shape how much of the company’s broad consumer distribution becomes durable workplace revenue and whether that revenue can keep pace with the computing capacity required to run its products.