OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports
Summary
OpenAI reportedly spent $34 billion last year as it pushed to dominate the AI market ahead of a planned IPO. The filing details show heavy investment in research and development, with nearly $19 billion going to R&D in 2025. OpenAI also spent close to $6 billion on sales and marketing, which highlights the scale of its commercial push. The article frames the spending as part of a broader race to capture market share in artificial intelligence.
Funding
Amount
None
Total raised
Date
May 22, 2026
Announcement date
Investors
-
Lead investors
Company
openai.com
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
AI Software
SaaS
Developer Tools
Linked Companies
OpenAI
$25M to $50M