OpenAI is projected to spend $115 billion through 2029 as it scales up investments to power the artificial intelligence driving ChatGPT, according to a report by The Information. The figure is $80 billion higher than previously expected, with the company forecast to burn more than $8 billion in 2025 alone—about $1.5 billion above its earlier projection.
To manage its soaring expenses, OpenAI is moving to develop its own server chips and data centers. The company is expected to launch its first in-house AI chip next year in partnership with Broadcom, which will be used internally rather than offered to customers. OpenAI has also expanded its infrastructure partnerships, deepening ties with Oracle through a 4.5-gigawatt data center deal under its $500 billion “Stargate” project, while also adding Google Cloud as a supplier.
The company’s cash burn is set to climb steeply in the years ahead, doubling to $17 billion in 2026, before reaching $35 billion in 2027 and $45 billion in 2028, the report said. OpenAI, which has become one of the world’s largest renters of cloud capacity, has not publicly commented on the new financial outlook.