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OpenAI spending hit $34bn last year ahead of planned IPO

Financial Times · Jun 16, 2026, 3:28 AM · Also reported by 1 other source

Audited figures reveal mounting costs from model development, infrastructure and rapid expansion

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Investing.com BofA says this is one of the main factors behind yen depreciation since last year

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OpenAI spending hit $34bn last year ahead of planned IPO

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