OpenAI's infrastructure spending plan hits $750B, up 25% from its earlier estimate

OpenAI’s AI spending spree has ballooned to $750B

OpenAI said Wednesday it will spend $750B on infrastructure through 2030—roughly Sweden's GDP and 25% more than its estimate earlier this year. The first move is Project Camellia, a $20B data center campus on 1,400 acres in Georgia drawing at least 3.2 GW of power, expected between 2028 and 2032. OpenAI will cover all infrastructure and electric-service costs and cut up to 1 GW during grid peaks. Effingham County granted a 15-year, 50% property tax abatement. The post doesn't explain how this fits with the earlier Stargate project, which had already stalled.

Why it matters: OpenAI pushing its infra spend forecast to $750B is a headline-grabbing number, backed by a named first project with real specs. It's a spending commitment, not a tech breakthrough, and a 2030 target leaves room for revision — hence below 90.