this post was submitted on 16 Jun 2026
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111
OpenAI Losses Increased Nearly 8X in 2025, With Spending Hitting $34 Billion (www.wheresyoured.at)
submitted 16 hours ago by beep@piefed.world to c/technology@lemmy.world
11 comments fedilink hide all child comments
 

cross-posted from: https://piefed.world/c/tech/p/1198508/openai-losses-increased-nearly-8x-in-2025-with-spending-hitting-34-billion

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[–] uninvitedguest@piefed.ca 1 points 11 hours ago (1 children)

You can't have balanced books where there are more debits than credits. That would be out of balance.

Balanced means debits = credits.

[–] dhork@lemmy.world 5 points 10 hours ago (1 children)

I'm not an accountant, but you can certainly balance books while showing a loss. Double-entry bookkeeping simply means that every transaction has two parts, and "balancing" simply means that all the transactions cancel out properly.

I joke with my accountant friends that their entire job is counting to zero.

[–] uninvitedguest@piefed.ca 2 points 10 hours ago (1 children)

A loss is not an imbalance of debits and credits, but how much of those debits end up in expenses and the credits end up in revenue.

DR Expense $1,000
CR Cash $1,000

With no other activity in a period, that is a $1,000 loss funded by cash.

DR Expense $1,000
CR Loan $1,000

Is a loss funded by borrowings.

DR Sales Discounts $1,000
CR Sales Revenue $1,000

Is 0 profit/expense as the sale was marked down to 0 (assuming no cost of sales).

[–] dhork@lemmy.world 3 points 9 hours ago (1 children)

Exactly. My terminology might not be correct, but my point is that their books can be perfectly balanced, and they can also be losing a shit-ton of money, as long as investors keep shoveling money in.

[–] uninvitedguest@piefed.ca 2 points 8 hours ago

Yeah the terminology

the books are balanced, there are just more debits than credits

is the opposite of everything discussed above.