Browsing: tops

The U.S. government’s accumulated debt has reached a record $40 trillion, according to a daily update from the Treasury Department. Government spending is expected to exceed tax revenues by more than $2 trillion this year. Tasos Katopodis/hide caption

OpenAI is now on pace to bring in annualized revenue of more than $40 billion, roughly double its run rate from the end of 2025. The jump gives the ChatGPT maker fresh momentum as it prepares to go public. For the banking, payments and fintech firms watching how AI vendors turn usage into money, the…