OpenAI has sharply raised its projected cash burn through 2029 to $115 billion, according to The Information. This marks an $80 billion increase from previous estimates, as the company ramps up spending to fuel the AI behind its ChatGPT chatbot.
The company, which has become one of the world’s biggest renters of cloud servers, projects it will burn more than $8 billion this year, about $1.5 billion higher than its earlier forecast. The surge in spending comes as OpenAI seeks to maintain its lead in the rapidly growing artificial intelligence market.
To control these soaring costs, OpenAI plans to develop its own data center server chips and facilities to power its technology.
The company is partnering with U.S. semiconductor giant Broadcom to produce its first AI chip, which will be used internally rather than made available to customers, as reported by The Information.
In addition to this initiative, OpenAI has expanded its partnership with Oracle, committing to a 4.5-gigawatt data center capacity to support its growing operations.
This is part of OpenAI’s larger plan, the Stargate initiative, which includes a $500 billion investment and is also supported by Japan’s SoftBank Group. Google Cloud has also joined the group of suppliers supporting OpenAI’s infrastructure.
OpenAI’s projected cash burn will more than double in 2024, reaching over $17 billion. It will continue to rise, with estimates of $35 billion in 2027 and $45 billion in 2028, according to The Information.
Iran does not seek war with Israel or the United States but is prepared to respond if attacked, Iranian Foreign Minister Abbas Araghchi said on Thursd...
Russian drone and missile attacks on Kyiv early on Friday (9 January) killed at least 4 people, injured at least 19, and caused significant damage to ...
Syrian President Ahmad al‑Sharaa held separate telephone discussions with French President Emmanuel Macron and Turkish President Recep Tayyip Erdoğ...
Venezuela has released prominent Venezuelan-Spanish rights activist Rocío San Miguel and four other Spanish citizens, Spanish authorities said on Thu...
Türkiye’s United Nations envoy called on the international community on Thursday to maintain strong support for the elimination of Syria’s remain...
Russian drone and missile attacks on Kyiv early on Friday (9 January) killed at least 4 people, injured at least 19, and caused significant damage to residential buildings and critical infrastructure, Ukrainian officials said.
Syrian President Ahmad al‑Sharaa held separate telephone discussions with French President Emmanuel Macron and Turkish President Recep Tayyip Erdoğan on Friday (9 January), focusing on Syria’s internal security situation, reconstruction efforts and broader regional developments.
Venezuela has released prominent Venezuelan-Spanish rights activist Rocío San Miguel and four other Spanish citizens, Spanish authorities said on Thursday (8 January). Local rights groups report that promised releases of Venezuelan political prisoners are yet to materialise.
Türkiye’s United Nations envoy called on the international community on Thursday to maintain strong support for the elimination of Syria’s remaining chemical weapons, stressing that the task is both a legal obligation and a critical priority for regional security and humanitarian protection.
Open-source intelligence (OSINT) sources reported a significant movement of U.S. military aircraft towards the Middle East in recent hours. Dozens of U.S. Air Force aerial refuelling tankers and heavy transport aircraft were observed heading eastwards, presumably to staging points in the region.
Snow and ice stalled travellers in northwest Europe on Wednesday, forcing around a thousand to spend the night in Amsterdam's Schiphol airport but delighting others who set out to explore a snow-blanketed Paris on sledges and skis.
Diplomatic tensions between Tokyo and Beijing escalated as Japan slams China's export ban on dual-use goods. Markets have wobbled as fears grow over a potential rare earth embargo affecting global supply chains.
Two people have been killed after a private helicopter crashed at a recreation centre in Russia’s Perm region, Russian authorities and local media have said.
U.S. President Donald Trump has warned that Iran could face a strong response from the United States if its authorities kill protesters amid ongoing unrest.
China has begun exporting a rapid blackout recovery technology designed to restore electricity in just 0.1 seconds, offering power grid protection to 12 countries facing rising risks of outages and instability.
Tesla delivered 1.64 million vehicles in 2025, down 9%, as BYD becomes the top EV maker.
SpaceX will gradually lower 4,400 Starlink satellites this year to improve space safety.
Poland has asked the European Commission to investigate TikTok after artificial intelligence-generated content calling for the country to leave the European Union appeared on the platform, which Warsaw says was likely Russian disinformation.
Tianhui-7 satellite to be used for geographic mapping, land resource surveys, and scientific research.
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