Overview
- Internal documents described by The Information project roughly $14 billion in losses for 2026, with multi‑year deficits reported rather than official guidance from OpenAI.
- OpenAI has disclosed an eight‑year infrastructure commitment totaling $1.4 trillion to scale training capacity and data center buildout.
- Executives have argued revenue will track compute growth, citing a tenfold rise in capacity from 2023 to 2025 alongside annualized revenue moving from about $2 billion to an expected $20 billion.
- Competitive pressure is intensifying, with SimilarWeb data showing Google’s Gemini grew nearly 30% in November and December as OpenAI’s traffic declined 6%.
- Rising infrastructure and energy costs remain central, and Microsoft CEO Satya Nadella warned public support could erode if AI’s benefits fail to justify its power demands.