Exclusive: OpenAI Spent $34 Billion In 2025, With Losses Up 8X
6/16/20264 min
In a special exclusive episode of Better Offline, Ed Zitron digs into the audited financials of OpenAI from 2024 and 2025.
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Transcript preview
First 90 secondsMario Lopez0:00
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Hoda Kotb0:03
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Mario Lopez0:34
[upbeat music] Call Zone Media.
Ed Zitron· Host0:38
I'm Ed Zitron, this is Better Offline, and I've seen OpenAI's audited financials for 2024 and 2025. Play the goddamn music, Matt.
Speaker 40:48
[upbeat rock music] Better Offline.
Ed Zitron· Host0:57
Today I can exclusively report, based on audited financial documents viewed by this podcast that have been independently verified by the Financial Times, that OpenAI lost around thirty-eight point five billion dollars in 2025, growing said losses by nearly eight hundred percent year over year, as well as other crucial details about the financial condition of this company. Due to the seriousness of this story, I'm not gonna do very much editorializing. I'm gonna keep things straight-laced as the numbers speak for themselves and, well, I wanna come up with better jokes.