Milestones
- Original Codex model powers GitHub CopilotAug 2021Complete.
- Codex CLI open-sourced16 Apr 2025Complete.
- Codex cloud agent in ChatGPT (research preview)16 May 2025Complete.
- GPT-5-Codex model15 Sep 2025Complete.
- GPT-5.3-Codex modelFeb 2026Complete.
Most important updates
- 5 Feb 2026
- 2 Feb 2026
- 15 Sep 2025
- 16 May 2025
- 10 Aug 2021
Current obstacles
- Checking agent-written codeAgents can pass tests while adding subtle bugs or security holes. Humans must review unless checks are automated.
Physics limits
- Errors compound over long tasksIf each step succeeds 99% of the time, a 100-step task succeeds only about 37% of the time (0.99^100). Agents need near-perfect per-step reliability to work for hours.
- No program can prove code correct in generalRice's theorem: no algorithm can decide non-trivial properties of every program. Agents lean on tests, and code that passes weak tests can still be wrong.
- Large codebases overflow the contextBig repositories hold tens of millions of tokens, far beyond a 1M-token window, so the agent must search and summarise and can miss distant dependencies.
How it works

A private copy of your code
Each cloud task runs in its own isolated container loaded with your repository, with internet off by default, so the agent can't touch anything else.
Read, edit, run, repeat
The model reads files, writes changes and runs tests and linters in a loop, fixing its own mistakes until checks pass, then proposes a pull request.
Coding-tuned GPT models
GPT-5.x-Codex models get extra reinforcement learning on real coding tasks, and adjust how long they think, from seconds to hours.
Instructions in the repo
An AGENTS.md file tells it how the project is built and tested. It shows terminal logs and test output so a person can check its work.
Update log
Thu 5 Feb
- Major: BlogSoftware
Mon 2 Feb
- Minor: BlogSoftware
Mon 15 Sep 2025
- Major: BlogSoftware
Fri 16 May 2025
- Major: BlogSoftware
Wed 16 Apr 2025
- Minor: BlogSoftware
Tue 10 Aug 2021
- Major: BlogSoftware
About OpenAI
OpenAI
ChatGPT, GPT models, Codex, Stargate
OpenAI makes ChatGPT and the GPT models behind it. ChatGPT's launch in November 2022 made AI chatbots mainstream. It also builds huge data centers through the Stargate project.
- Makes ChatGPT and the GPT-5.x models. GPT-5.6 came out in July 2026.
- Raised $122B at an $852B valuation in March 2026. Amazon, NVIDIA and SoftBank were the biggest investors.
- Lining up tens of gigawatts of computing power through Stargate and chip deals with NVIDIA, AMD and others.
- Founded
- 201511 yrs
- Headquarters
- United States
- Status
- Private
- Valuation
- $852BprivateMar 2026
- Raised
- $179B4 rounds
- Last round
- Venture round · $122BMar 2026$852B post
- Coverage
- 4 programs · 24 updateslatest 9 Jul 2026checked 25 Sep
- Lead investors
- AmazonNVIDIASoftBankThrive CapitalMicrosoft
- Partners
- Broadcom
- Investors
- MicrosoftSoftBankAmazon
- People
- Sam AltmanCEO and co-founderGreg BrockmanPresident and co-founderJakub PachockiChief Scientist

