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moves money TNW June 17, 2026

OpenAI burned $3.7bn in the first quarter, The Information reports

OpenAI burned $3.7bn in the first quarter, The Information reports
AI Summary

OpenAI burned through $3.7bn in the first three months of 2026, more than half its revenue of $5.7bn over the same period, according to The Information, which cited documents the company shared with shareholders. Both numbers tripled from a year earlier, a symmetry that captures the company’s peculiar position: growing faster than almost any business […] This story continues at The Next Web

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