Edi Zitron has an exclusive report on OpenAI’s 2025 finances:
The financial condition of OpenAI is deeply concerning. $38.53 billion in losses are astronomical, and far higher than most believed it would be. Losses also appear to be mounting year-over-year at a dramatic rate, and I’m not sure how this company finds a way toward any kind of sustainability or profitability.
for now? they are floating on vc money, but their losses are so monstrously huge that they spent good chunk of all of it available worldwide. the way they got it was by promising replacement of work by their bots, aided by captive press and six billion marketing budget from openai alone. but they don’t have plan to get profitable, and when money influx stops they’re cooked like nobody before has been