OpenAI's Q1 figures show explosive revenue growth paired with losses and compute commitments that will define any IPO debate.
OpenAI reported $5.7 billion in Q1 revenue, a $21.3 billion net loss, $3.7 billion in cash burn and enormous compute commitments as it prepares for public-market scrutiny.
The signal is not just the headline. It is how capital, regulation, infrastructure and user trust are being rearranged around AI.
Sources: The Decoder, SquaredTech, TradingKey, CocoLoop.