OpenAI Cuts Spending Target to $600B and Projects $280B Revenue by 2030

TLDR

• OpenAI has cut its infrastructure spend target from $1.4 trillion to $600 billion by 2030
• The company is projecting $280 billion in revenue by 2030, up from $13.1 billion in 2025
• A funding round of over $100 billion is being finalized, with Nvidia potentially investing $30 billion
• ChatGPT now has over 900 million weekly active users, back at record highs
• OpenAI’s valuation could exceed $850 billion including the new funding round

OpenAI has told investors it now plans to spend around $600 billion on computing infrastructure by 2030. That’s a big drop from the $1.4 trillion figure CEO Sam Altman had previously promoted.

The company says the lower number is meant to more closely match its expected revenue growth. It gives investors a clearer picture of how spending ties to income.

OpenAI is projecting revenue of over $280 billion by 2030. That’s up from $13.1 billion the company earned in 2025, which itself beat its $10 billion target.

Revenue is expected to come in roughly equal parts from consumers and businesses. OpenAI has also started testing advertising for some users, adding another potential income stream.

The company burned through $8 billion in 2025, which came in under its $9 billion target. That’s a small but positive sign for a company that has faced questions about whether it can ever cover its costs.

A Massive Funding Round Is Taking Shape

OpenAI is close to closing a funding round that could bring in more than $100 billion. About 90% of that is expected to come from strategic investors.

Nvidia is in talks to invest up to $30 billion as part of the round. SoftBank and Amazon are also among the strategic investors involved.

The pre-money valuation for the round is around $730 billion. When the full funding is included, the company’s overall valuation could top $850 billion.

OpenAI was founded in 2015 as a nonprofit research lab. It became a household name after launching ChatGPT in 2022.

ChatGPT Growth and Product Updates

ChatGPT now has more than 900 million weekly active users. That’s up from 800 million as of October 2025.

The chatbot hit a slowdown in growth last fall, which led OpenAI to declare a “code red” in December. It has since returned to record highs in both weekly and daily active users.

OpenAI’s coding tool, Codex, has passed 1.5 million weekly active users. It competes directly with Anthropic’s Claude Code.

OpenAI CFO Sarah Friar said the company’s annualized revenue topped $20 billion in 2025. That’s up from roughly $6 billion the year before.

The company spent the second half of 2025 announcing a series of multibillion-dollar infrastructure deals with chipmakers and cloud providers. Those deals form part of the foundation for its updated 2030 spending plan.

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