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AI NewsOpenAI Spent $34 Billion in 2025: Report
7:50 PM IST · June 16, 2026
OpenAI generated $13.07 billion in revenue but incurred a $20.9 billion operating loss.
The ₹7,000-crore merger creates scale. But its bigger significance lies in what it says about the pressure building on India’s mid-sized IT services firms.
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Snippet: The platform retains information across interactions, determines its actions and coordinates work between AI and human employees while operating within predefined business rules.
Scott, who brings more than 25 years of experience across the technology sector, joins MongoDB after holding senior roles at Salesforce, Microsoft and SAP.
The models will be offered as Digital Public Goods, with open weights and sovereign APIs that let developers build applications without training language models from scratch.
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