The Subsidy Era Just Ended: What OpenAI's IPO and 25x Copilot Bills Mean for Your Architecture

On June 9, 2026, OpenAI confidentially filed its S-1 with the SEC, targeting a Q4 listing at up to a $1 trillion valuation. Inside the filing: $1.22 lost for every $1 of revenue, $14B projected losses for 2026, profitability not expected until 2030. If you ship code that runs on top of LLM APIs, thi

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