AI Impact HubOpenAI projects $278B in negative cash flow through 2030 as a $1.2T round looms
An internal OpenAI presentation from July, reported by the Financial Times and confirmed by Bloomberg, projects $278 billion in negative free cash flow from 2026 to 2030, against roughly $856 billion of compute and infrastructure spending and about $840 billion of cumulative revenue. The company's record $122 billion March round is now expected to run out around 2028, two years before its own models project positive cash flow, and investors have approached OpenAI about a new round valuing it above $1.2 trillion, up from $852 billion in March.
Why it matters: OpenAI is now telling investors its last record raise bought runway to the next raise rather than to self-sufficiency, which reframes frontier AI funding as a permanent obligation rather than a series of milestones.
techtimes.com