OpenAI targets $600 billion in compute spend through 2030: report

OpenAI is planning approximately $600 billion in total computing expenditure through 2030, as the ChatGPT maker prepares for an initial public offering that could value it at up to $1 trillion, according to a recent report by Reuters, citing a source familiar with the matter.

The company's 2025 revenue totalled $13 billion, exceeding its $10 billion projection, while spending came in at $8 billion, under its $9 billion target, the source said. OpenAI expects more than $280 billion in total revenue by 2030, split roughly equally between consumer and enterprise units, according to a CNBC report.

The development comes as Nvidia nears a $30 billion investment in OpenAI as part of a fundraising round seeking more than $100 billion, which would value the company at about $830 billion.

CEO Sam Altman said last year that OpenAI is committed to spending $1.4 trillion to develop 30 gigawatts of computing resources, enough to power approximately 25 million US homes, as per Reuters.