OpenAI burned through $34 billion last year

OpenAI spent $34 billion in the past year, far more than the year before.

About $19 billion went to research and development, while nearly $6 billion went to sales and marketing. Revenue came in at roughly $13 billion. By year’s end, monthly revenue hit $2 billion, up from $1 billion per quarter at the end of 2024. OpenAI’s net loss jumped from $5 billion to around $39 billion. The Financial Times says most of that comes from a one-time, non-cash accounting charge of about $30 billion tied to the company’s earlier corporate structure. Strip that out, and the loss sits at roughly $8 billion. OpenAI is preparing an IPO that could value the company at more than $1 trillion.AdDEC_D_Incontent-1Ad TopStories Microsoft researcher builds a working neural network out of goats in Age of Empires II to critique AI science Amazon and five other companies reportedly triggered the government crackdown on Anthropic’s Fable model KPMG fabricated AI case studies in a report designed to sell clients on AI adoption Microsoft’s Copilot Cowork moves to usage-based billing and may tap DeepSeek Zhipu AI’s GLM-5.2 closes in on closed-source leaders in coding marathons Don’t MissWhat Matters Stay in the loop on AI. Clear, useful, no fluff. Follow The Decoder for AI news, background stories and expert analyses.