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    ITNewspapersThe Economic Times

    OpenAI spending hit $34 billion last year ahead of planned IPO: Report

    Binu Mathew
    By Binu MathewJune 17, 2026

    OpenAI spent $34 billion last year to dominate the booming ‌AI ⁠market ⁠ahead of its planned IPO, the Financial Times reported on Monday.

    Audited ⁠financial figures ‌show the ChatGPT ⁠maker spent about $19 billion on research and development in 2025 and nearly $6 billion ‌on sales and marketing, as well ⁠as other costs, the report said.

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