Reuters could not immediately verify the report [File]
| Photo Credit: REUTERS
OpenAI burned through $3.7 billion in the first quarter of 2026, more than half its $5.7 billion in revenue, The Information reported on Tuesday, citing documents the company shared with shareholders.Reuters could not immediately verify the report.Earlier this month, OpenAI said it had confidentially filed for a U.S. IPO that a source said could come as early as September and value the company at up to $1 trillion. Published - June 17, 2026 10:13 am IST
