Overview

• The Information reported $6.7 billion in first-half research and development expenses tied to model training and running ChatGPT.
• The company ended the period with about $17.5 billion in cash and securities, according to the report.
• OpenAI is targeting $13 billion in 2025 revenue and a full-year cash burn of roughly $8.5 billion.
• Reuters said it could not independently verify the figures, and OpenAI did not respond to its request for comment.
• Nvidia announced plans to invest up to $100 billion in OpenAI and to supply data-center chips.