In Graphic Detail: Why OpenAI’s ad business is still a work in progress

May 27, 2026
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OpenAI is reportedly heading toward a public market debut as early as September — a listing that could value the company at around $1 trillion. Right now though, it’s still learning how to be an ads business.

Just 15 weeks into its ChatGPT ad pilot and the platform is already dealing with many of the tensions that have defined every major digital ad platform before it: scale versus safety, automation versus control and advertiser expectations versus product reality.

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In Graphic Detail: Why OpenAI’s ad business is still a work in progress

As OpenAI is reportedly gearing up to go public as early as September, Digiday has charted the promise, and early tensions behind its ad business.

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Written by Jim Cooper and Sara Jerde

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