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The Nexus
BUSINESSJun 16 · 03:28 UTCFINANCIAL TIMES WORLD

OpenAI spending hit $34bn last year ahead of planned IPO

OpenAI spent $34 billion last year, with audited figures showing rising costs from model development, infrastructure, and rapid expansion. The spending comes as the company prepares for a planned IPO.

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OpenAIorganizationmodel developmenttopicinfrastructuretopicrapid expansiontopicIPOtopic
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