OpenAI projects $278 billion net cash burn through 2030 on an $856 billion compute infrastructure spending plan, despite tenfold revenue growth.

OpenAI projects a $278 billion cash burn between 2026 and 2030, driven by aggressive investment in compute capacity and adjacent infrastructure, according to a presentation reviewed by the Financial Times. Despite expecting nearly tenfold revenue growth over the period, the company's spending on production capacity and supporting infrastructure is projected to exceed its earnings by over a quarter of a trillion dollars.