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The original was posted on /r/technology by /u/Effervescentgravy on 2026-06-16 04:38:13+00:00.

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Also covered by the Financial Times

 

Edi Zitron has an exclusive report on OpenAI's 2025 finances:

The financial condition of OpenAI is deeply concerning. $38.53 billion in losses are astronomical, and far higher than most believed it would be. Losses also appear to be mounting year-over-year at a dramatic rate, and I’m not sure how this company finds a way toward any kind of sustainability or profitability.

 

Today, I can exclusively report, based on audited financial documents viewed by this publication that have been independently verified by the Financial Times, that OpenAI lost around $38.5 billion in 2025, as well as other crucial details about the financial condition of the company.

Due to the seriousness of this story, I am not going to do very much editorializing, as the numbers speak for themselves.

It's bullet points from here to the conclusion. Dry stuff, but important data as these idiots persevere in finding even larger idiots to give them money via IPO.