OpenAI reported $13.07 billion in revenue against $34 billion in costs and expenses in 2025, resulting in a net loss of $38.53 billion, according to financials seen by Ed Zitron. The losses, nearly ei…
AI companies are building expensive server farms for cloud-based generative AI, but on-device AI models are emerging that could shift tasks away from the cloud. The resulting memory shortage is drivin…
Leaked audited financials show OpenAI lost $20.92 billion on $13 billion in revenue in 2025, with losses projected to reach $63 billion by 2027. The real beneficiaries are Microsoft and Nvidia, which …
OpenAI's leaked 2025 financials show revenue of $13.07 billion but total costs of $34 billion and operating losses of $20.92 billion, raising questions about its path to profitability ahead of a poten…
Leaked audited financial documents show OpenAI lost $38.53 billion in 2025, with $20.92 billion in operating losses despite $13.07 billion in revenue, as the company burns through cash on compute and …
OpenAI reported 2025 revenue of $13.07 billion, more than tripling from $3.7 billion in 2024, while incurring a GAAP net loss of $38.53 billion driven largely by $41.55 billion in non-cash charges fro…
OpenAI lost approximately $38.5 billion in 2025, a sharp increase from $5.09 billion in 2024, according to financial documents obtained by critic Ed Zitron and verified by the Financial Times. Revenue…
OpenAI reported $13.07 billion in revenue and $34 billion in costs for 2025, resulting in a $20.92 billion operating loss, as the AI giant prepares for an IPO expected in 2026. The company's expenses …
OpenAI's net loss soared from $5 billion in 2024 to $39 billion in 2025, according to audited financial figures. The company is considering shifting from flat-rate subscriptions to token-based billing…
Leaked financial documents show OpenAI's revenue grew from $3.7 billion in 2024 to $13.07 billion in 2025, but operating losses widened from $8.78 billion to $20.92 billion as expenses outpaced income…
OpenAI's spending is projected to reach $34 billion in 2025, according to analyst Ed Zitron, highlighting the immense costs of scaling artificial intelligence infrastructure. The figure underscores th…
OpenAI's leaked financial statements reveal $21 billion in losses against $13 billion in revenue for 2025, with total costs and expenses reaching $34 billion. The company's losses far outstrip sales, …
OpenAI spent $34 billion in the past year, with $19 billion on R&D and $6 billion on sales and marketing, while generating $13 billion in revenue. The company's net loss jumped to $39 billion, largely…
Ed Zitron challenges the narrative of an AI infrastructure boom, arguing that the industry relies on valuation rather than profitability and warning of a potential bubble similar to the dot-com era. T…
OpenAI CEO Sam Altman said Tuesday that AI budgeting has become a "huge issue" for some companies, citing memes about companies exhausting their annual AI budgets in the first quarter. The remark trig…
Anthropic has raised $65 billion in Series H funding, valuing the company at $965 billion and surpassing OpenAI's $852 billion valuation to become the most valuable AI-first company. The valuation fli…