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REDDIT

Open AI's money fire goes on

L
Jun 17, 2026 · 01:19

"*OpenAI burned $3.7 billion in first quarter of 2026 \[...\]. Recent reports said OpenAI was planning to slash its AI pricing to better compete with rival Anthropic. Such a move could further hurt the company’s finances, especially given that it is yet to turn over a profit.*

*The company clocked a net loss of about $39 billion in 2025, the Financial Times reported earlier on Tuesday*".