OpenAI is spending money at a staggering pace, according to a new report. The artificial intelligence company went through $3.7 billion in expenses during just the first three months of 2026 — a figure that represents more than half of the $5.7 billion it brought in during that same period, according to The Information, which cited documents OpenAI shared with its shareholders.
Reuters was unable to independently confirm the details of the report.
The financial disclosure comes shortly after OpenAI announced earlier this month that it had quietly filed paperwork for an initial public stock offering in the United States. According to one source familiar with the matter, that IPO could happen as early as September and may place the company’s total value at as much as $1 trillion.
