OpenAI’s suspiciously clean balance sheet is about to get a hard look

OpenAI’s books show zero debt and just $46mn of quarterly capital spending. The catch, reported by The Information: around $665bn of commitments sitting just off the balance sheet, now heading for regulators’ desks. On paper, OpenAI looks like a lean software business. The reality is far heavier. As at 31 March, the ChatGPT maker had […]

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