OpenAI reported a 16% increase in revenue during the first half of 2025, reaching $4.3 billion compared to the same period last year, according to The Information. Despite the growth, the artificial intelligence company continues to face heavy cash burn linked to its operations.
In the first six months of 2025, OpenAI burned through $2.5 billion in cash. The financial disclosures, shared with shareholders, revealed that most of these costs were tied to AI research, development, and the infrastructure needed to run its popular ChatGPT software.
The report also stated that OpenAI spent $6.7 billion on research and development alone during the first half of the year. Despite this spending, the company remains on track to meet its annual targets of $13 billion in revenue and $8.5 billion in cash burn.
To support its ambitious AI projects, OpenAI has been actively seeking new investors. This comes amid reported tensions with its key partner Microsoft (NASDAQ: MSFT). Recently, NVIDIA Corporation (NASDAQ: NVDA) announced a $100 million investment in OpenAI. Earlier this year, Japan’s SoftBank Group Corp. (TYO: 9984) pledged tens of billions of dollars to back the company’s rapid expansion.
