OpenAI seeks $1.2T valuation as projections show $278B cash drain by 2030: Report

WORLD TÜRKİYE ECONOMY POLITICS ENERGY TECHNOLOGY US-Iran war Hormuz crisis Russia-Ukraine war EDITION Türkçe English BHSC Pусский Français العربية Kurdî کوردی Shqip فارسی македонски Bahasa Indonesia Español Economy Americas OpenAI seeks $1.2T valuation as projections show $278B cash drain by 2030: Report Company projects tenfold revenue growth; heavy computing spending far outpaces income, Financial Times report Merve Gül Aydoğan Ağlarcı 19 September 2026 • Update : 19 September 2026 ONTARIO OpenAI expects to spend nearly $280 billion more than it takes in by the end of 2030, underscoring its enormous funding needs as it enters new investment talks at a valuation above $1.2 trillion, the Financial Times (FT) reported Friday.