OpenAI Reportedly Burned $3.7 Billion in Q1, Over Half of Revenue

(CNA, New York, 15th -综合 international news) According to a report today by U.S. tech media The Information, citing documents provided by OpenAI to its shareholders, OpenAI burned through $3.7 billion in the first quarter of 2026—more than half of its $5.7 billion in revenue.

Reuters was unable to immediately verify this report.

Earlier this month, OpenAI announced it had secretly filed an application for an initial public offering (IPO). Sources revealed the listing could happen as early as September, potentially valuing the company at up to $1 trillion.

Sam Altman, CEO of OpenAI, said: "There are many factors that could move the timing of the IPO forward or backward, but filing now gives us flexibility and options if we decide to go public earlier." (Compiled by: Liu Shuqin) 1150617

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