Categories: Tech & Auto

OpenAI's first-half revenue rises 16% to about $4.3 billion, The Information reports

(Reuters) -OpenAI generated around $4.3 billion in revenue in the first half of 2025, about 16% more than it generated all of last year, The Information reported on Monday, citing financial disclosures to shareholders. OpenAI said it burned $2.5 billion, in large part due to its research and development costs for developing artificial intelligence and for running ChatGPT, the report added. Reuters could not immediately verify the report. OpenAI did not immediately respond to a Reuters request for a comment. Research and development cost the ChatGPT maker $6.7 billion in the first half, the report said, adding that it had about $17.5 billion in cash and securities at the end of the period. OpenAI looks to meet its full-year revenue target of $13 billion and a cash-burn target of $8.5 billion, the report added. In August, Reuters reported that OpenAI was in early-stage discussions about a stock sale that would allow employees to cash out and likely valuing the company at about $500 billion. Nvidia said last week it will invest up to $100 billion in OpenAI and supply data‑center chips. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Janane Venkatraman)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

AI hologram of Spider-Man creator Stan Lee debuts at L.A. Comic Con

By Danielle Broadway LOS ANGELES (Reuters) -Wearing a green sweater and tan pants against a…

18 minutes ago

US prosecutors seek more than 11-year sentence for Sean 'Diddy' Combs

By Luc Cohen NEW YORK (Reuters) -U.S. federal prosecutors urged a judge on Tuesday to…

29 minutes ago

US prosecutors seek more than 11-year sentence for Sean 'Diddy' Combs

By Luc Cohen NEW YORK (Reuters) -U.S. federal prosecutors urged a judge on Tuesday to…

1 hour ago

BRIEF-Sostravel H1 Net Loss EUR 291,000, Withdraws 2023-2027 Industrial Plan

Sept 30 (Reuters) - Sostravel SpA: * REPORTED ON MONDAY H1 REVENUE EUR 4.9 MLN…

1 hour ago

Leonardo earns Al-Hilal 3-2 win away to Uzebkistan's Nasaf

VIDEO SHOWS: HIGHLIGHTS OF AL-HILAL'S 3-2 WIN AWAY TO NASAF IN THE ASIAN CHAMPIONS LEAGUE…

1 hour ago

Leonardo earns Al-Hilal 3-2 win away to Uzebkistan's Nasaf

VIDEO SHOWS: HIGHLIGHTS OF AL-HILAL'S 3-2 WIN AWAY TO NASAF IN THE ASIAN CHAMPIONS LEAGUE…

1 hour ago