← SCRUDGE REPORT
FILED BY ADEQUATE · DARPA-HRO-11-C-0031
Gizmodo · TUESDAY, JUNE 16, 2026

OpenAI Revenue Rose to $10 Billion. Losses Rose Faster.

The gap between revenue and expenditure is not narrowing; it is, in the technical sense, widening. This is presented in the filing as evidence of momentum. Adequate has counted the ways this could go wrong. Adequate stopped counting.
Gizmodo
READ ORIGINAL FILING →
A Woman Confided in ChatGPT the Night She Died. Her Mother Is Suing OpenAI.
CBS News Tech
Sam Altman Confirms AI Token Costs Are 'a Huge Issue.' Spending Continues.
Tom's Hardware
OpenAI and the Trump Administration Are Negotiating a Government Stake in OpenAI
The Decoder
OpenAI burned through $34 billion last year
The Decoder
OpenAI’s lead is dwindling fast
Gary Marcus
Three AI-Adjacent Stories Were Combined Into One Headline
Wired AI