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@sethharpesq OpenAI spent $1.60 for every dollar it earned in 2025. We need more journalism that cuts through all of the accounting gimmicks…
@sethharpesq OpenAI spent $1.60 for every dollar it earned in 2025. We need more journalism that cuts through all of the accounting gimmicks to get to the heart of what is really happening in the US A
@sethharpesq OpenAI spent $1.60 for every dollar it earned in 2025. We need more journalism that cuts through all of the accounting gimmicks to get to the heart of what is really happening in the US AI bubble https://www.techtimes.com/articles/318496/20260616/openai-lost-385-billion-2025-audited-financials-expose-17b-azure-dependency.htm#1
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- 👀OpenAI Q1 operating margin was -122% even when excluding SBC and other items.
Source: Gary Marcus (X) | 2026-08-16