🇺🇸OpenAI projects $856 billion in compute and infrastructure spending through 2030, alongside $278 billion in negative free cash flow during 2026–2030.

The figures are company projections reported from a presentation, not completed spending or secured financing. Financial_Express, citing presentation materials reviewed by the Financial Times, reports that OpenAI expects approximately $856 billion in compute and infrastructure expenditure through the end of 2030. The presentation identifies this as the company’s largest individual spending category.

The cash-flow forecast covers five years. OpenAI projects $278 billion in negative free cash flow during 2026–2030, while investing to expand its access to computing capacity. This is a separate financial measure from the cumulative compute-and-infrastructure spending forecast.

The presentation also sets out substantial revenue expectations. Annual revenue is projected to rise from $36 billion in 2026 to $350 billion in 2030, with cumulative revenue of $840 billion from the presentation’s current point through the end of 2030. The supplied report does not identify financing commitments, counterparties, collateral, dilution terms, or a hardware and deployment breakdown supporting these forecasts.