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OpenAI made $13 billion in 2025 and lost $21 billion doing it

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Bottom line: OpenAI's latest financial disclosures highlight a fundamental tension in the AI boom. The technology is scaling rapidly, but the cost of building and running it is rising even faster. The documents, obtained by independent journalist Ed Zitron, arrive as the company moves toward a possible IPO and reveal just how expensive modern AI systems have become. They portray a business generating billions of dollars in revenue while remaining burdened by even larger technology-related expenses.

Revenue growth has been dramatic. OpenAI generated $3.7 billion in revenue in 2024 before jumping to $13.07 billion in 2025. By the end of that year, monthly revenue was approaching $2 billion, suggesting demand continued to accelerate. OpenAI says ChatGPT now has more than 900 million weekly users, though only about 50 million subscribe to paid tiers.

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The Echo Dot Max is cheaper than ever in an early Prime Day sale

China’s new five-year plan makes tracking AI’s hit to jobs a national priority

Why CMOs need a new operating system for accountability

The bottleneck in geothermal moved from the drill to the turbine. This SpaceX alum raised $22M to fix it