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

OpenAI has announced a massive $750 billion infrastructure spending plan through 2030, representing a 25% increase from earlier estimates. The initial phase involves Project Camellia, a 1,400-acre data center campus in Georgia requiring up to 3.2 gigawatts of power, with energy supply largely expected to come from natural gas sources.

Background

The rapid expansion of AI capabilities is driving unprecedented demand for computational power and energy, leading major tech companies to invest heavily in dedicated data center infrastructure.

Source
TechCrunch
Published
Jul 23, 2026 at 12:13 AM
Score
8.0 / 10