OpenAI Raises Compute Spending Forecast to $750 Billion by 2030, AMD Secures AI Server Deal

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AI and crypto news platforms report that OpenAI has raised its forecast for compute spending to $750 billion by 2030, up from $600 billion. The company is building the Camellia data center in Georgia with an initial investment of $20 billion and plans to secure 3.2 gigawatts of power through 2032. OpenAI has signed a 6-gigawatt agreement with Oracle, expanded its AWS partnership to $138 billion, and will invest $25 billion in Microsoft Azure. AMD secured a multi-billion-dollar server deal with Anthropic, which will begin purchasing 2 gigawatts of MI450 chips starting in 2027. Meanwhile, SpaceXAI is constructing a major data center in Texas to enhance AI computing capacity. Inflation data remains a key focus for investors monitoring AI-driven infrastructure spending.
ME AI news: OpenAI has raised its projected computing expenditure through 2030 from $600 billion to approximately $750 billion. The company has also launched the Camellia data center project in Georgia, USA, with an initial investment of $20 billion, expecting to secure 3.2 gigawatts of power supply between 2028 and 2032; the total project cost may exceed $30 billion. Previously, OpenAI signed agreements with Oracle for a total of 6 gigawatts of data center capacity, expanded its multi-year partnership with AWS to $13.8 billion, and plans to add $250 billion in cloud computing investment to Microsoft Azure. OpenAI’s CFO, Sarah Friar, previously expressed concern that if revenue growth fails to match spending, the company may struggle to sustain the costs of expanding computing power. AMD has also entered into a multi-billion-dollar server cooperation agreement with Anthropic. Anthropic will procure up to 2 gigawatts of AMD Instinct MI450 series chips starting in 2027; upon reaching specific deployment milestones, AMD will invest up to $5 billion in Anthropic. Anthropic currently utilizes Google TPUs, Amazon Trainium, and NVIDIA GPUs, and this partnership will further diversify its chip supply sources. Additionally, SpaceXAI, under Elon Musk’s umbrella, is constructing at least one large data center in Texas to expand its AI computing capacity beyond its existing facility in Memphis, Tennessee. (Source: BlockBeats)
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