16-June-2026
Corporate News
 
OpenAI Spending Hit $34 Billion Last Year Ahead of Planned IPO, FT Reports
16-Jun-2026

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.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-15/openai-spending-hit-34-billion-last-year-ahead-of-planned-ipo-ft-reports
 
 
 

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