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923 OpenAI burned $3.7bn in the first quarter, The Information reports

The Next Web
Cristian Dina @ The Next Web · 06/17/2026 05:28 EDT

OpenAI burned through $3.7bn in the first three months of 2026, more than half its revenue of $5.7bn over the same period, according to The Information, which cited documents the company shared with shareholders. Both numbers tripled from a year earlier, a symmetry that captures the company’s peculiar position: growing faster than almost any business […]
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