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OpenAI is Running Out of Money Faster Than It Admits
OpenAI is projected to burn through $278 billion by 2030, despite considering a pre-IPO funding round at over a $1.2 trillion valuation. SoftBank has secured a $10 billion margin loan backed by its OpenAI stake, while OpenAI itself has $1.4 trillion in data center commitments. This financial activity occurs amidst broader concerns about Big Tech's $3 trillion in off-balance-sheet AI spending.
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IngestedOffset at this time: UTC+0Sep 26, 2026, 22:00 UTC
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- Sep 26, 2026, 22:00
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