FT: OpenAI projects a $278 billion cumulative cash flow shortfall by 2030

FT: OpenAI projects a $278 billion cumulative cash flow shortfall by 2030

N
News Editor
2026-09-19 02:36:45
The Financial Times, citing recent investor presentation materials from OpenAI, reported that the company expects cumulative free cash flow from 2026 to 2030 to be negative $278 billion. Over the same period, OpenAI projects revenue to rise from $36 billion this year to $350 billion in 2030, with total revenue across the five years reaching $840 billion. The company also expects to spend about $856 billion on compute and infrastructure by 2030, making that its largest cost item. OpenAI completed a $122 billion financing round in March this year, but the report said that, under its current spending plan, that capital could be exhausted by 2028. To support continued expansion in computing capacity, OpenAI is seeking a new funding round at a valuation above $1.2 trillion. The report also said the company is competing with rivals including Anthropic while cutting prices in response to pressure from low-cost open-source models from China.

The Financial Times, citing recent investor presentation materials from OpenAI, reported that the company expects cumulative free cash flow of negative $278 billion from 2026 through 2030.

According to the report, OpenAI expects revenue to grow from $36 billion this year to $350 billion in 2030. Total revenue over the five-year period is projected to reach $840 billion. By 2030, the company also expects to spend about $856 billion on compute and infrastructure, which would be its largest expense category.

The report said OpenAI completed a $122 billion financing round in March this year. Under its current spending plan, however, that funding is expected to run out by 2028. OpenAI is now seeking a new round at a valuation above $1.2 trillion to meet continued demand for computing expansion.

OpenAI is also competing for market share with rivals including Anthropic, while lowering prices to respond to competitive pressure from low-cost open-source models from China.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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