Leaked Financials Reveal Significant Losses at OpenAI
OpenAI's leaked financial documents reveal substantial losses and high operational costs for the company. In 2024, it reported a net loss of $5.09 billion despite revenue of $3.7 billion. The data highlights significant spending on R&D ($7.81 billion) and sales & marketing ($1.11 billion), raising concerns about its path to profitability.
Tickers: $NVDA
Topics: IPO losses OpenAI R&D spending revenue