About OpenAI
Founded 2015 ยท San Francisco, California, USA
OpenAI was founded in December 2015 by Sam Altman, Elon Musk, Greg Brockman, Ilya Sutskever, Wojciech Zaremba and John Schulman, and restructured to capped-profit OpenAI LP in 2019. The embedding model family started with text-embedding-ada-001 in 2021, was unified into text-embedding-ada-002 in December 2022 (still the most-used embedding model on Earth at one point) and replaced in January 2024 by text-embedding-3-small and text-embedding-3-large. The v3 release was OpenAI's first to support Matryoshka-style dimension reduction (sale of arbitrary 256-3072 dim vectors from the same model) and beat ada-002 by 20+ percentage points on the MIRACL multilingual retrieval benchmark while costing roughly the same.
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