How Five Public Companies Connect to the ChatGPT Maker This Earnings Season
SAN FRANCISCO, Nov. 11, 2026 /CNW/ -- USA News Group News Commentary - OpenAI said on Tuesday that it is introducing Businesses in ChatGPT in beta, giving businesses a new way to connect with the 1.2 billion people who use ChatGPT each week. Through Business Hub, businesses can claim their business, manage their information, and see insights on how people engage with them on ChatGPT. On the same day, the S&P 500 closed down 29.01 points, or 0.38%, at 7,520.93, and the Nasdaq Composite closed 0.74% lower. Over the past two weeks, public companies connected to OpenAI as a shareholder and cloud partner, a utility whose investor update cites a data center campus that will be part of the Stargate expansion, a networking company and a software company that each say they collaborate with OpenAI, and an enterprise customer have each reported quarterly results. Active Companies from around the markets with current developments this week include: Microsoft Corporation (NASDAQ: MSFT), WEC Energy Group, Inc. (NYSE: WEC), Arista Networks, Inc. (NYSE: ANET), Intapp, Inc. (NASDAQ: INTA), and Uber Technologies, Inc. (NYSE: UBER).
What OpenAI has said this year
On March 31, OpenAI said it closed its latest funding round with $122 billion in committed capital at a post money valuation of $852 billion, and that it was then generating $2 billion in revenue per month. On June 8, it said it had submitted a confidential draft S-1 to the Securities and Exchange Commission, adding that it had not decided on timing yet. On October 26, it introduced GPT-6.1 Terra, a model whose standard API prices it said are 50% lower than those of GPT-5.6 Terra and GPT-6.1 Sol.
On November 2, OpenAI launched what it calls the Grid Protectors Program, a national effort to support affordable, reliable electricity for families and businesses in the communities where it builds. The company said it will develop arrangements for its future campuses to reduce electricity demand when the grid is under strain, and that for its planned Effingham County, Georgia campus it has committed to pay the full infrastructure and electric-service costs required to serve the project.
The shareholder and primary cloud partner
On April 27, OpenAI announced an amended agreement with Microsoft Corporation (NASDAQ: MSFT) under which Microsoft remains OpenAI's primary cloud partner and continues to participate directly in OpenAI's growth as a major shareholder. In its first quarter fiscal 2027 results, released October 28, Microsoft reported revenue of $92.3 billion, up 19%, Azure revenue up 48%, and commercial remaining performance obligation up 73% to $677 billion. Its non-GAAP results exclude the impact from investments in OpenAI, which Microsoft said were net gains that increased net income by $207 million in the quarter. Microsoft shares closed at $533.16 on Tuesday, down 2.20%.
"We are delivering greater capability, choice, control, and cost efficiency for customers across our entire stack," said Satya Nadella, chairman and chief executive officer of Microsoft. "By helping organizations build and own their own intelligence, and earning trust through agent safety and security, we are translating our innovation into growing adoption and real-world impact across every industry."
Power demand and the Stargate expansion
WEC Energy Group, Inc. (NYSE: WEC) said in an investor update furnished to the SEC on November 6, on a slide citing '1.3 GW of Demand Forecasted Through 2031', that Vantage Data Centers is developing a large campus that will be part of OpenAI and Oracle's partnership for the Stargate expansion, with data center buildings under construction in Port Washington. In its third quarter 2026 results, released October 29, the company reported net income of $389.3 million, or $1.18 per share, and it raised and narrowed its 2026 earnings guidance to a range of $5.60 to $5.64 per share. WEC shares closed at $117.01, down 0.12%.
"Our strong results were driven by warmer-than-normal weather, execution of our capital plan and operating efficiency," said Scott Lauber, chairman, president and CEO of WEC Energy Group, Inc. "Our continued focus on the fundamentals of our business is creating value for our customers and stockholders. We remain on track to deliver solid financial and operational performance in 2026."
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The network between the chips
Arista Networks, Inc. (NYSE: ANET) reported in its third quarter 2026 results, released November 3, revenue of $3.66 billion, an increase of 58.5% from the third quarter of 2025, which the company called the highest year-over-year revenue growth since its IPO. The release said Arista, collaborating with OpenAI among others, embedded domain-specific AI harnesses that accelerate proactive vulnerability discovery. For the fourth quarter of 2026, Arista said it expects revenue of $3.9 billion to $4.0 billion. Its shares closed at $185.02, down 0.62%.
"Arista registered another momentous quarter with the highest year-over-year revenue growth since our IPO and record profitability, surpassing even my high expectations," stated Jayshree Ullal, Chairperson and CEO of Arista Networks. "This strong momentum across customer sectors highlights our increased relevance for the generative and agentic AI era."
Software for professional firms
Intapp, Inc. (NASDAQ: INTA), which describes itself as a governed AI platform for professional firms in highly regulated industries, said in its first quarter fiscal 2027 results, released October 27, that it expanded its AI ecosystem through strategic collaborations with OpenAI and others, helping firms apply frontier AI within governed workflows. Subscription revenue was $125.5 million, up 29% year over year, and cloud annual recurring revenue reached $515.3 million, up 28%. Intapp shares closed at $45.40, up 2.09%.
"Professional firms need AI that's governed, grounded in their own data, and built to run the business of the firm. That's Firm AI, a category Intapp created and defined," said John Hall, Chairman and CEO of Intapp.
A company-wide rollout
Uber Technologies, Inc. (NYSE: UBER) is rolling out ChatGPT Work to its own staff. On October 22, OpenAI said Uber had announced the company-wide rollout of ChatGPT Work, making it available to more than 30,000 employees across Uber's global workforce, expanding from an initial pilot of 1,000 employees. In its third quarter 2026 results, released November 4, Uber reported that Gross Bookings grew 20% year over year to $59.8 billion, trips grew 16% to 4.1 billion and non-GAAP operating income grew 38% to $2.3 billion. Uber shares closed at $70.05, down 1.57%.
"Uber delivered its fifth consecutive quarter of 20%+ Gross Bookings growth, driven by record audience and consumer engagement," said Dara Khosrowshahi, CEO, Uber Technologies, Inc. "We're investing from a position of strength to expand Mobility supply, build on Delivery's momentum, and deepen engagement across our platform."
Five different connections
The five companies connect to OpenAI in different ways: as a shareholder and cloud partner, through power demand, networking, software collaboration and a workforce rollout. Each company figure above comes from that company's own release or investor materials as furnished to the Securities and Exchange Commission.
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This article is independent news commentary. USA News Group is wholly owned and operated by Market Equities Limited ("MEL"), a company incorporated under the laws of Ireland. MEL has not been paid by any company mentioned in this article. MEL and its owners, operators, directors, and affiliates do not currently own any shares of the companies mentioned in this article, but reserve the right to, and will, buy and sell shares of those companies at any time without further notice. Index levels and share prices are official closing levels for November 10, 2026 (4:00 p.m. ET), drawn from third-party market data, with changes measured against the November 9, 2026 closes. OpenAI information is drawn from OpenAI's own announcements on openai.com, and company figures and quotes are drawn from each company's own news release as furnished to the SEC. Information is drawn from company news releases and filings, government and industry data, published reporting and third-party data believed to be reliable, but its accuracy is not guaranteed. Investing in securities carries risk, including the loss of some or all of your investment. This document is governed by the laws of Ireland.
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