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Exclusive: OpenAI Spent $34 Billion In 2025, With Losses Up 8X

Jun 16, 2026 · 4m

Summary

Ed Zitron reveals OpenAI’s audited financials, reporting a staggering $38.5 billion loss in 2025, an 800% increase from 2024. He details revenue, R&D costs, and the impact of the company’s shift to for-profit status. Zitron emphasizes the severity of these mounting losses and promises further in-depth analysis in future episodes.

Topics discussed

ZepBound advertisement with Shaquille O'Neal Ed Zitron introduces exclusive OpenAI financial report OpenAI 2024 financial breakdown and losses OpenAI 2025 massive losses and revenue sources Concerns over OpenAI's sustainability and future reporting Second ZepBound advertisement with Shaquille O'Neal Intuit ERP advertisement with Damon John Harley-Davidson motorcycle advertisement Seafoam motor treatment advertisement
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