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.
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Sources
- Read OriginalOpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030cnbc.com
- Read OriginalOpenAI expects compute spend of around $600 billion through 2030manilatimes.net
- Read OriginalOpenAI expects compute spend of around US$600 billion through 2030itnews.com.au
- Read OriginalOpenAI Compute Spend Could Hit $600 Billion by 2030pymnts.com
