OpenAI’s AI spending spree has ballooned to $750B
Summary
OpenAI has expanded its infrastructure spending plans to $750 billion through 2030, representing a 25% increase from earlier estimates. As part of this renewed investment blitz, the company is launching a $20 billion data center campus in Georgia called Project Camellia, which will draw at least 3.2 gigawatts of power from Georgia Power. Regulatory filings indicate that much of the new utility capacity required for the project will be supplied by natural gas, alongside solar and grid-scale batteries, raising environmental considerations similar to those faced by competing projects.
(Source:TechCrunch)