Universal Music is launching an AI music platform with ElevenLabs12m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'21m ago AI #185: Preference Cascade45m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding49m ago Meta Announces Muse AI Agent for Personal Tasks and Organization50m ago Instagram now lets you add tagged photos to your profile grid50m ago Now everyone can put data to work50m ago AI agents are flooding public services with new requests56m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99957m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities1h ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit2h ago 10 of the scariest AI villains in movie history2h ago Maven Robotics wants to steal your robot deployment deal2h ago

Universal Music is launching an AI music platform with ElevenLabs12m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'21m ago AI #185: Preference Cascade45m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding49m ago Meta Announces Muse AI Agent for Personal Tasks and Organization50m ago Instagram now lets you add tagged photos to your profile grid50m ago Now everyone can put data to work50m ago AI agents are flooding public services with new requests56m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99957m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities1h ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit2h ago 10 of the scariest AI villains in movie history2h ago Maven Robotics wants to steal your robot deployment deal2h ago

Business & Enterprise

OpenAI burned $3.7bn in the first quarter, The Information reports

The Next WebPublished Jun 17, 2026

OpenAI spent $3.7 billion in the first quarter, according to The Information. This significant expenditure highlights the company's heavy investment in AI development and operations.

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OpenAI spent $34bn last year as it lines up for an IPO
Jun 16· The Next Web

#ai-investment #openai #q1-spending

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