this post was submitted on 17 Jun 2026
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205
Leaked financial docs show OpenAI is losing billions of dollars a year (arstechnica.com)
submitted 6 hours ago by sanitation@lemmy.today to c/technology@lemmy.world
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[โ€“] XLE@piefed.social 12 points 4 hours ago (1 children)

It's not news that they are losing money, but it is news that they are losing tremendously more money than they were previously losing.

[โ€“] Flower@sh.itjust.works 6 points 4 hours ago

It does weaken the argument that scaling up is the path to profitablity, but of course they'll just claim more money and scaling is the way to go. If the market remains manic they can get away with it.