OpenAI is gearing up for an IPO that could potentially value the company at $1 trillion by allocating around $600 billion for computing expenses until 2030. A recent report by Reuters, citing an insider, revealed that the company exceeded its 2025 revenue target, reaching $13 billion compared to the projected $10 billion, while keeping spending below the anticipated $9 billion at $8 billion.
According to CNBC, OpenAI forecasts total revenue of over $280 billion by 2030, with equal contributions expected from its consumer and enterprise sectors. Meanwhile, Nvidia is on the verge of investing about $30 billion in OpenAI as part of a fundraising initiative aiming for over $100 billion, potentially evaluating the company at around $830 billion.
CEO Sam Altman previously mentioned the company’s commitment to investing $1.4 trillion to create 30 gigawatts of computing capacity, sufficient to power approximately 25 million households in the US, as reported by Reuters.