OpenAI expects compute spend of around US$600 billion through 2030

By
Follow google news

Lays ‌groundwork for an IPO.

OpenAI expects compute spend of around US$600 billion through 2030
OpenAI is targeting roughly $600 billion ($848.2 billion) ⁠in ⁠total compute spend through 2030, a source familiar with the matter told Reuters, as the ChatGPT maker lays ‌groundwork for an IPO that ‌could ‌value it at up ‌to US$1 trillion. OpenAI's 2025 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
aicloudopenai

Sponsored Whitepapers

High-volume data sources for AI-driven security analytics
High-volume data sources for AI-driven security analytics
1 in 3 companies lose SaaS data. Here’s how to prevent it
1 in 3 companies lose SaaS data. Here’s how to prevent it
The biggest AI opportunities are still ahead
The biggest AI opportunities are still ahead
AI workflows vs. AI agents: From automation to autonomy
AI workflows vs. AI agents: From automation to autonomy
Context engineering with hybrid search for agentic AI
Context engineering with hybrid search for agentic AI

Events

Most Read Articles

CBA's DevOps agent is helping on-call engineers on 2am wake-up duty

CBA's DevOps agent is helping on-call engineers on 2am wake-up duty
Australia Post's future IT estate to rely on 13 "platform ecosystems"

Australia Post's future IT estate to rely on 13 "platform ecosystems"
Service NSW charts a path off VMware's container platform

Service NSW charts a path off VMware's container platform
Flight Centre looking for cloud exits

Flight Centre looking for cloud exits
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?