OpenAI to burn $278 billion cash by 2030 on compute

OpenAI expects to burn $278 billion in cash between 2026 and 2030, driven by $856 billion in computing and infrastructure spending, NewsBytes reported citing a source. Despite this, the company projects revenue to surge from $36 billion to $350 billion by 2030. It raised $122 billion in March but may exhaust funds by 2028.