"Feb 20 (Reuters) – 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 projection, while it spent $8 billion during the year, under its $9 billion target, the person said."
https://www.reuters.com/technology/openai-sees-compute-spend-around-600-billion-by-2030-cnbc-reports-2026-02-20/
3 Comments
So, the trick here is to have people lock 2030 into their minds as the date OAI turns green but that’s just a (likely low-balled) projection of their spend. It will takes decades of income to pay that back as well as the interest payments. Let’s hope the investors take their vitamins and get regular exercise so they can live long enough to see any ROI.
OpenAI has no viable path anymore. They are getting into an attrition war with Google and Google makes money as well as owns its entire hardware stack. Like what’s the path to profitability?
After having seen some of their pitiful App Marketplace integrations, their browser, the initiative to go pr0n and considering ads all I conclude is that they’re toast. Given that they seem to be in the epicenter of AI circle jerk financing, I’d bet many others to suffer seriously as well. Google hedged well, MS will suffer but they can survive (unless they’ll lose significant marketshare with their subscriptions in Europe which is not unfeasible). The rest I don’t care but prepare for a financial crisis at worst.