[OpenAI Consumed $3.7 Billion in Cash in Q1, Doubling Year-on-Year] According to a report by Jinse Finance on June 17, OpenAI consumed $3.7 billion in cash in the first quarter, exceeding half of its $5.7 billion revenue. Both cash consumption and revenue doubled compared to the same period last year. OpenAI held over $73 billion in cash and marketable securities at the end of Q1, compared to $40 billion at the end of December last year. (Cailian Press)