OpenAI Targets $600 Billion Compute Spending

OpenAI tells investors it now targets roughly $600 billion in total compute spending by 2030, down from a previously cited $1.4 trillion figure, people familiar with the matter told CNBC. The company projects more than $280 billion in revenue for 2030 and is finalizing a funding round exceeding $100 billion, including up to $30 billion from Nvidia, to align infrastructure growth with revenue expectations.