OpenAI Burns $3.7B in Q1 2026, Cash Hoard Surges After March Funding
OpenAI burned through $3.7B in Q1 2026, more than half of its $5.7B in revenue, with both cash burn and revenue tripling year over year; it ended the quarter with over $73B in cash and marketable securities following a March funding round, suggesting it may not need to raise more money soon and could delay an IPO.