According to Foresight News News and The Information, OpenAI has revealed to investors that its spending could rise to $115 billion by 2029, an increase of approximately $80 billion from previous projections. The company forecasts this year's spending could exceed $8 billion, approximately $1.5 billion higher than its previous forecast. OpenAI is currently developing its own data center server chips and supporting infrastructure to advance its technology and control cloud server leasing costs.
OpenAI's spending could rise to $115 billion by 2029, an increase of about $80 billion from previous estimates.
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