OpenAI Q3 Loses $1.09 Billion, Core Customer, a Major Technology Company, Experiences a Surge in Debt
2026-11-11 07:27:06
According to CoinMeta, OpenAI reported an operating loss of $1.09 billion in the third quarter of 2026, despite having revenue of $10 billion. Meanwhile, the long-term debt of Amazon, Alphabet, and Meta nearly quadrupled within a year, reaching $379 billion. Oracle's quarterly interest expenses increased by 55% to $1.43 billion, as its cloud agreement transactions with OpenAI amounted to approximately $300 billion. CoreWeave's interest expenses reached $846 million in the third quarter, which is about four times its operating income, and the contract value of OpenAI is as high as $22.4 billion.
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