OpenAI will need 207 billion to continue paying off debt

iGuRu.gr > OpenAI will need 207 billion to continue paying off debt

OpenAI will need to raise at least $207 billion in new funding by 2030 to keep its operations afloat, while continuing to lose money, according to a report. with new analysis HSBC that models the company's cloud computing commitments against projected revenue. openai featured

The bank's US software team updated its forecasts when OpenAI announced a $250 billion cloud computing rental deal with Microsoft in late October and a $38 billion deal with Amazon a few days later, bringing its total contracted computing capacity to 36 gigawatts.

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HSBC predicts cumulative rental costs of $792 billion by 2030.

Revenue growth remains strong in the modeling (the bank expects OpenAI to reach 3 billion users by the end of the decade, up from about 800 million today), but costs will rise along with it, meaning OpenAI will continue to lose users for a long time into the next decade.

If revenue growth disappoints and investors become cautious, the company's best option may be to abandon some data center commitments.