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deep tech TNW June 16, 2026

OpenAI spent $34bn last year as it lines up for an IPO

OpenAI spent $34bn last year as it lines up for an IPO
AI Summary

OpenAI spent $34bn in 2025, more than two and a half times what it took in, as it prepares to file for one of the largest public listings ever attempted. The figure, reported by the Financial Times, lays out in stark terms what the race to build frontier AI now costs the company leading it. The […] This story continues at The Next Web

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