OpenAI Targets $280 Billion Revenue by 2030, Revises Compute Spending to $600 Billion

OpenAI projects $280 billion in revenue by 2030 and has revised its total compute spending target to $600 billion, a significant reduction from the $1.4 trillion figure previously cited by CEO Sam Altman. The updated financial blueprint, reported on February 21, 2026, aims to align capital expenditure with anticipated revenue growth and assuage investor concerns over costs. CFO Sarah Friar stated that 2025 annualized revenue exceeded $20 billion, up from approximately $6 billion the prior year. ChatGPT weekly active users rose to 900 million. The company is currently finalizing a funding round exceeding $100 billion, which may include a $30 billion equity investment from Nvidia (NVDA). If completed, the round would value OpenAI at over $850 billion.