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Feb 20 (Reuters) – OpenAI is targeting roughly $600 billion in total compute spend through 2030, a source \u200cfamiliar with the matter told Reuters on Friday, \u200cas the ChatGPT maker lays groundwork for an IPO that could value \u200bit at up to $1 trillion.<\/p>\n
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.<\/p>\n
The development comes \u200cas Nvidia closes \u2060in on finalizing a $30 billion investment in OpenAI, as part of a fundraising round in \u2060which the AI startup is seeking more than $100 billion.<\/p>\n
That would value the Sam Altman-led company at about $830 billion and \u200bamount to \u200bone of the largest \u200bprivate capital raises on \u200crecord.<\/p>\n
Microsoft-backed OpenAI expects more than $280 billion in total revenue by 2030, divided nearly equally across its consumer and enterprise units, according to CNBC, which had reported the development earlier.<\/p>\n
Altman had said last year that OpenAI is committed to \u200cspending $1.4 trillion to develop 30 \u200bgigawatts of computing resources \u2014 enough to \u200bpower roughly 25 \u200bmillion U.S. homes.<\/p>\n
Separately, The Information reported that \u200cOpenAI told investors the expenses \u200bassociated with running \u200bits AI models, referred to as inference, increased fourfold in 2025, resulting in a fall in its \u200badjusted gross margin \u200cto 33% from 40% in 2024.<\/p>\n
(Reporting by Juby \u200bBabu in Mexico City and Anhata Rooprai in \u200bBengaluru; Editing by Alan Barona)<\/p>\n<\/p><\/div>\n