OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports
FILE PHOTO: The OpenAI logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
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June 15 : OpenAI spent $34 billion last year to dominate the booming AI market ahead of its planned IPO, the Financial Times reported on Monday.
Audited financial figures show the ChatGPT maker spent about $19 billion on research and development in 2025 and nearly $6 billion on sales and marketing, as well as other costs, the report said.
Source: Reuters
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