AI BRIEFING · 2026-06-16

AI Briefing — June 16, 2026

The 10 most important AI stories of June 16, 2026, hand-curated from the day's coverage. Every story links to its primary source.

03

OpenAI spending hit $34bn last year ahead of planned IPO

Financial Times Tech ↗

Audited figures show OpenAI spent about $34 billion last year on model development, infrastructure, and rapid expansion, with leaked docs indicating billions in annual losses ahead of a planned IPO.

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