OpenAI Reduces 2030 Compute Target by More Than Half to $600 Million

OpenAI has significantly revised its 2030 compute spending target, reducing it from a previous projection of $1.4 trillion to $600 million.

21 Feb, 13:42 — 21 Feb, 13:42

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Times of India3h ago

As concerns spiral, Sam Altman reduces compute target by more than half

OpenAI has revised its 2030 compute spending target to $600 million, a significant decrease from its previous $1.4 trillion projection. This adjustment aims to align infrastructure commitments with projected revenue growth, which the company anticipates reaching $280 billion by 2030. The company is also reportedly finalizing a substantial funding round exceeding $100 billion.

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OpenAI Reduces 2030 Compute Target by More Than Half to $600 Million

Read at source (1 outlet)

As concerns spiral, Sam Altman reduces compute target by more than half

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