Apple's AI spend remains flat as OpenAI loses $1.25 for every $1

As OpenAI prepares an IPO, information suggests it is bleeding money. Apple, on the other hand, continues to benefit from AI without all of the spend. Jony Ive & Sam Altman | Image Credit: OpenAI If you didn't predict it already, you could sense that AI was past its sell-by date when you watched the 2026 Google I/O conference .