OpenAI Reports $39 Billion Loss in 2025 as AI Spending Surges Ahead of IPO

OpenAI’s ambition to dominate the generative AI race is coming with an increasingly visible price tag—one that could test investor patience as the company moves toward a potential initial public offering.

According to the Financial Times on June 16, OpenAI spent $34 billion in 2025, far exceeding its $13 billion in revenue for the same year. Audit materials reviewed by the newspaper indicate the ChatGPT developer allocated $19 billion to research and development alone, while an additional $6 billion went to operating, marketing, and other expenses. The figures underline how strongly OpenAI…  Read more

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