Capital · out
~$8-9B net loss 2025 + phased compute drawdowns; planned spend ~$115B through 2029; cash-flow-positive projected 2029
Sourced figures 2
- Wikipedia — OpenAI planned spend ~$115B through 2029; CF-positive projected 2029 (company guidance)
- Wikipedia — OpenAI net loss $8-9B 2025
the working
Threads 24
- GPT-5.6
- Jalapeño
- OpenAI IPO
- Microsoft's Hedge
- Circular Financing
- Stargate
- Frontier Gatekeeping
- Containment Breach
- Nippon Life v. OpenAI
- Where the Capex Lands
- Compute Spend
- Datacenter Sites
- Nvidia's Order Book
- In-House Silicon
- Camellia
- Big Tech into Health
- OpenAI Health
- Lab IPO Wave
- Nvidia as Lender
- Oracle's Stargate Bet
- The #2 Cashes In
- The Rogue Agent
- AI Psychosis
- The Backlash Prices In
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