Categories: Technology

OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports

June 15 (Reuters) – OpenAI spent $34 billion last year to dominate the booming AI market ahead of its planned IPO, the Financial Times reported on Monday. Audited…

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Published: June 16, 2026 09:13:08 IST

June 15 (Reuters) – OpenAI spent $34 billion last year to dominate the booming AI market ahead of its planned IPO, the Financial Times reported on Monday. Audited financial figures show the ChatGPT

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: June 16, 2026 09:13:08 IST

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