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OpenAI Is Growing Fast. Its Losses Are Growing Faster

December 26, 2023 | Gizmodo AI
OpenAI Is Growing Fast. Its Losses Are Growing Faster
Noted AI critic and bubble watch enthusiast Ed Zitron has been teasing a major scoop for days, and we finally got it: He seems to have gotten his hands on OpenAI’s financial documents and found the company has been burning through cash at an astronomical rate—significantly more than had been reported previously. The figures were verified by the Financial Times, which seemed less alarmed than Zitron. Zitron found that OpenAI lost around $38.5 billion in 202