OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports-August 2024-www.financetom.com

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

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

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

Jun 15, 2026 8:55 PM

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 maker spent about

$19 billion on research and development in 2025 and nearly $6

billion on sales and marketing, as well as other costs, the

report said.

Previous page： Biote slightly beats Q3 revenue expectations, reaffirms 2025 revenue forecast Next page： Cantor Equity Partners V, Inc. Announces Closing of $250 Million Initial Public Offering

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Biote slightly beats Q3 revenue expectations, reaffirms 2025 revenue forecast

Nov 5, 2025

Overview * Biote Q3 2025 revenue slightly beats analyst expectations at $48 mln * Net income for Q3 2025 decreased to $9.2 mln from $12.7 mln last year * Company repurchased approximately one mln shares of Class A common stock Outlook * Biote ( BTMD ) reiterates 2025 revenue guidance above $190 mln * Company expects 2025 Adjusted EBITDA above...

Cantor Equity Partners V, Inc. Announces Closing of $250 Million Initial Public Offering

Nov 5, 2025

NEW YORK--(BUSINESS WIRE)-- Cantor Equity Partners V, Inc. ( CEPV ) (the “Company”) announced today that it closed its initial public offering of 25,000,000 Class A ordinary shares at $10.00 per share, which was upsized, including 3,000,000 Class A ordinary shares pursuant to the partial exercise of the overallotment option by the underwriters. The shares began trading on the Nasdaq...

Peakstone Realty Trust swings to Q3 profit

Nov 5, 2025

Overview * Peakstone Q3 revenue from continuing operations decreased slightly year-over-year * Net income attributable to common shareholders improved significantly from last year * Company continues strategic shift to industrial-only focus, divesting office properties Result Drivers * INDUSTRIAL TRANSFORMATION - Co continues strategic shift to industrial-only focus, with industrial assets comprising majority of portfolio * STRONG IOS LEASING - Co...

Electric and gas utility Ameren beats Q3 revenue estimates; lifts 2025 adj EPS outlook

Nov 5, 2025

Overview * Ameren Q3 2025 revenue beats analyst expectations, adjusted EPS also exceeds estimates * Company raises 2025 EPS guidance range, indicating confidence in future performance * Adjusted earnings driven by infrastructure investments and new electric service rates Outlook * Ameren ( AEE ) raises 2025 GAAP EPS guidance to $5.08-$5.28 * Ameren ( AEE ) raises 2025 adjusted EPS...