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

Andreea Neblea

June 15 : 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.

OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports https://www.channelnewsasia.com/ - 16.06.2026 08:01

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OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports https://www.channelnewsasia.com/ - 16.06.2026 08:01