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Industry AI Minute Newsroom 2026-09-20

OpenAI told investors it plans to burn through $278 billion.

OpenAI told investors it plans to burn through $278 billion.

The Financial Times reported on Friday that OpenAI will spend $278 billion more than it earns by 2030. The company told investors revenue should climb from $36 billion this year to $350 billion in 2030. Its record $122 billion round from March runs dry around 2028 at that pace.

Why it mattersOpenAI's spending sets the pace for data centres, chip orders and power bills everywhere. These are the company's own forecasts from a private pitch, not audited results.

✓ Verified · 4 sources

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