OpenAI’s financials have leaked, showing $21 billion in losses against $13 billion in revenue

Everything you need to know before you reach the office this morning.

Good morning. On Fortune’s radar today:

• OpenAI’s financials have leaked. We have the details.
• In Smalltown USA, new AI data centers pit neighbor against neighbor.
• The new Fortune Southeast Asia 500 is here.
• Markets: Global rally.
• U.S.-Iran peace deal may include $300 billion for Tehran.
• The jet fuel crisis never existed, sources say.

This story was originally featured on Fortune.com