The "burn" here is based, as I now know from OpenAI's audited financials, on what appears to be moving money around various unnamed entities. In any case, OpenAI spent $8.6 billion on R&D in Q1 2026, or a little less than half of its entire 2025 R&D spend ($19.18bn)
Ed Zitron
‘Both cash burn and revenue tripled from the same period the previous year, signaling how even with strong AI demand, making money from AI continues to be challenging.’ www.theinformation.com/articles/ope...
OpenAI burned through $3.7 billion in the first quarter, more than half its $5.7 billion in revenue, according to documents the company shared with shareholders. Both cash burn and revenue tripled fro...
