tech
February 21, 2026
OpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030
OpenAI told investors it's targeting roughly $600 billion in total compute spend by 2030, trying to clarify its plans after touting a $1.4 trillion figure.

TL;DR
- OpenAI has revised its target for total compute spend by 2030 to roughly $600 billion.
- The company projects its total revenue for 2030 to exceed $280 billion.
- OpenAI is finalizing a funding round potentially worth over $100 billion, with Nvidia discussing a $30 billion investment.
- ChatGPT has over 900 million weekly active users, and its coding product Codex has surpassed 1.5 million weekly active users.
- OpenAI generated $13.1 billion in revenue in 2025, exceeding its target, and spent $8 billion, below its target.
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