OpenAI is planning to spend a staggering $600 billion on computing power over the next five years. This massive investment serves as the groundwork for a potential initial public offering (IPO) that could value the ChatGPT maker at nearly $1 trillion.
The company is already seeing strong financial results. Sources familiar with the matter say OpenAI brought in $13 billion in revenue in 2025, beating its own projection of $10 billion. At the same time, the company kept its spending lower than expected, using $8 billion for the year instead of the budgeted $9 billion.
To fund these ambitions, OpenAI is raising huge amounts of cash. Chip giant Nvidia is reportedly close to finalizing a $30 billion investment in the startup. This deal is part of a larger fundraising round where OpenAI hopes to secure more than $100 billion, pushing its current valuation to around $830 billion. This would mark one of the largest private capital raises in history.
Looking ahead, the Microsoft-backed company has set aggressive goals. Reports indicate that OpenAI expects to generate more than $280 billion in total revenue by 2030. The company plans to split this income almost evenly between its consumer products, like ChatGPT subscriptions, and its business services.
CEO Sam Altman is focused on building the physical infrastructure needed to run these powerful AI models. He previously stated a commitment to developing enough computing resources to power roughly 25 million U.S. homes. However, running these models is getting more expensive. Reports show that the cost of “inference”—the actual processing of AI responses—quadrupled in 2025, which caused the company’s profit margins to dip slightly.
