BREAKING
FT: OpenAI 2025 Spending Hits $34B
Where the $34B Went
R&D
19
Sales/Mktg
6
Other
9
0
B
ARR
0
B
Est. revenue
0
B
Spending
Losses Widened Roughly 8x
The Debate Now
Cost Pressure
●
Frontier training and inference
●
Cash to Microsoft, NVIDIA
IPO Scrutiny
●
~33% gross margin
●
Can revenue justify spend?
Inference Costs in Focus
AI NEWS BLITZ
The Financial Times reports OpenAI's spending reached roughly thirty-four billion dollars in 2025.