OpenAI expects to burn through almost $280 billion by 2030, FT reports
The ChatGPT maker expects revenue to rise tenfold to $350 billion in 2030 while spending $856 billion on computing and infrastructure, FT said.
- On Friday, the Financial Times reported that OpenAI projects it will burn through $278 billion in cash between 2026 and 2030, driven by aggressive investment in computing capacity for its AI models.
- Though OpenAI expects revenue to increase tenfold to $350 billion by 2030, the company plans to spend about $856 billion on computing power and infrastructure, with expenses vastly outpacing gains.
- OpenAI raised $122 billion in March at an $852 billion valuation but is on track to exhaust that cash by 2028; the ChatGPT-maker is seeking fresh investment valuing the company at about $1.2 trillion.
- CEO Sam Altman said on Saturday the company "would not go public in 2026 because of concerns about AI safety", though OpenAI filed confidentially for an IPO in June and may delay the timeline.
- Another funding round would provide flexibility for OpenAI as it navigates high infrastructure costs; Bloomberg reported earlier this week that fresh investment could support mergers and acquisitions, potentially delaying the listing by one or two quarters.
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14 Articles
Company projects tenfold revenue growth; heavy computing spending far outpaces income, Financial Times report
OpenAI Said to Forecast Nearly $280 Billion in Cash Burn Through End 2030
OpenAI has told some investors that it expects to burn $278 billion by the end of 2030, the Financial Times reported, as it spends more on cloud computing and chips to run and train its AI. The forecast, based on a recent presentation, is higher than the one it gave investors early this year, when it predicted $180 billion in negative cash flow over the same period. The maker of ChatGPT had
OpenAI expects to burn through almost $280 billion by 2030, FT reports
OpenAI Projects Burning Through $278 Billion by 2030
OpenAI expects that its negative free cash flow will reach $278 billion from 2026 to the end of 2030, according to a person familiar with the matter, citing materials shared in July as part of a major computing deal.
OpenAI revenue will grow to $350 billion by the end of 2030, but still cannot cover expenses
Although OpenAI is in no rush to go public this year due to the hype surrounding the safety of artificial intelligence, the company has regularly provided investors with information about its plans and financial performance. The new part of the data states that OpenAI will “lose” $278 billion from 2026 to 2030 (inclusive) without intending […]
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