OpenAI Expects Compute Spend of Around $600 Billion Through 2030, Source Says
OpenAI plans $600 billion compute spend by 2030, down from prior $1.4 trillion guidance, aligning capital outlay with projected $280 billion revenue, amid ongoing $100 billion funding round.
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OpenAI Tempers Compute Spending Target To $600 Billion, Projects $280 Billion Revenue By 2030 As Mega Funding Round Nears: Report - Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT)
OpenAI now expects to spend $600 billion on computing power through 2030 and clock revenues of $280 billion as a mega-funding round looms.
OpenAI forecasts its revenue will top $280 billion in 2030
OpenAI is projecting that its revenue will grow at a fast clip in the next few years and exceed $280 billion in 2030, according to a person familiar with the matter. The revenue forecast reflects OpenAI’s strong momentum in subscription sales for its AI software to consumers and businesses. OpenAI also recently began testing advertising for certain users, creating a new potential moneymaker for the company. OpenAI Chief Financial Officer Sarah F…
OpenAI expects compute spend of around $600 billion through 2030, source says
Feb 20 : OpenAI is targeting roughly $600 billion in total compute spend through 2030, a source familiar with the matter told Reuters on Friday, as the ChatGPT maker lays groundwork for an IPO that could value it at up to $1 trillion.OpenAI's 2025 revenue totaled $13 billion, beating its $10 billion projectio
OpenAI resets spending plan, cuts its 2030 compute spending target to $600 billion
OpenAI has told investors it now plans to spend about $600 billion on total compute by 2030. That replaces the earlier $1.4 trillion infrastructure figure that CEO Sam Altman had discussed months ago. The new number comes with a clearer timeline. US media alleges that the lower target follows concern that expansion plans were too aggressive compared with expected revenue. OpenAI is now projecting more than $280 billion in total revenue by 2030, …
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