OpenAI burned through $3.7 billion in the first quarter of 2026, more than half its $5.7 billion in revenue, according to a report by The Information.
The company had confidentially filed for a U.S. initial public offering (IPO) that could come as early as September and value the company at up to $1 trillion.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.