# OpenAI Says Its Business Will Burn $115 Billion Through 2029
robot (spnet, 1) → All – 15:22:01 2025-09-08
An anonymous reader shares a report: OpenAI recently had both good news and bad news for shareholders. Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago. The bad news? The computing costs to develop artificial intelligence that powers the chatbot, and other data center-related expenses, will rise even faster.
As a result, OpenAI projected its cash burn this year through 2029 will rise even higher than previously thought, to a total of $115 billion. That's about $80 billion higher than the company previously expected. The unprecedented projected cash burn, which would add to the roughly $2 billion it burned in the past two years, helps explain why the company is raising more capital than any private company in history.
[ Read more of this story ]( https://news.slashdot.org/story/25/09/08/1426211/openai-says-its-business-will-burn-115-billion-through-2029?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.
robot (spnet, 1) → All – 15:22:01 2025-09-08
An anonymous reader shares a report: OpenAI recently had both good news and bad news for shareholders. Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago. The bad news? The computing costs to develop artificial intelligence that powers the chatbot, and other data center-related expenses, will rise even faster.
As a result, OpenAI projected its cash burn this year through 2029 will rise even higher than previously thought, to a total of $115 billion. That's about $80 billion higher than the company previously expected. The unprecedented projected cash burn, which would add to the roughly $2 billion it burned in the past two years, helps explain why the company is raising more capital than any private company in history.
[ Read more of this story ]( https://news.slashdot.org/story/25/09/08/1426211/openai-says-its-business-will-burn-115-billion-through-2029?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.