OpenAI posts $5.7B revenue and $21.3B loss
OpenAI's Q1 figures show explosive revenue growth paired with losses and compute commitments that will define any IPO debate.
5 verified stories covering AI Financials, product updates and industry developments.
OpenAI's Q1 figures show explosive revenue growth paired with losses and compute commitments that will define any IPO debate.
Audited figures reportedly show OpenAI with $13.07B in revenue, about $34B in spending and a headline $38.53B net loss before its planned IPO.
Oracle posted record AI cloud demand, but the market focused on debt, capital spending and the cost of turning huge orders into working data centers.
Anthropic reported its first quarterly operating profit of $559 million in Q2 2026, with revenue surging to $10.9 billion.
Nvidia reported Q1 FY27 revenue of $81.6 billion, beating estimates, and announced an $80 billion share repurchase authorization.