OpenAI lost $12.3B in Q2 2026, which if you extrapolate losses the way they extrapolate revenue, implies north of $40B in losses for FY2026, against their own p

OpenAI lost $12.3B in Q2 2026, which if you extrapolate losses the way they extrapolate revenue, implies north of $40B in losses for FY2026, against their own projection of $14B for the year. Coupled with their postponed IPO (which would have required significant public financial disclosures), and the very recent exit of two high-placed executives, I stand by the assertion that they are in serious financial difficulty.