Exclusive: OpenAI Spent $34 Billion In 2025, With Losses Up 8X
This episode reveals, based on audited financial documents, that OpenAI incurred staggering losses of $38.5 billion in 2025, marking an almost 800% year-over-year increase and raising serious questions about the company’s financial sustainability. The report, verified independently by the
Sign up to read the full summary
Free AI-powered recaps of every episode, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.
Mentions
Books, people, and resources mentioned in this episode.
People
Companies
Topics
Listen to This Episode
More from Better Offline
Monologue: AI's Desperation Era
Exclusive: Here's How Much OpenAI Spends On Inference And Its MSFT Revenue Share
The Enshittifinancial Crisis: Part Two
The Enshittifinancial Crisis: Part Three
CZM Rewind: The Case Against Generative AI (Part 4)
Monologue: The Questions I'm Asking
Related episodes
From other shows on similar topics.
AI goes IPO
Today, Explained
Anthropic's $30B Ramp, Mythos Doomsday, OpenClaw Ankled, Iran War Ceasefire, Israel's Influence
All-In with Chamath, Jason, Sacks & Friedberg
Is There an A.I. Bubble? And What if It Pops?
The Daily
Anthropic Just Reset AI Expectations
The AI Daily Brief: Artificial Intelligence News and Analysis
Why Paul Kedrosky Says AI Is Like Every Bubble All Rolled Into One
Odd Lots
OpenAI’s Big Reset + A.I. in the Doctor’s Office + Talkie, a pre-1930s LLM
Hard Fork
Get summaries like this every morning.
Free AI-powered recaps of Better Offline and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.