According to the company's internal presentation materials, OpenAI expects the cumulative negative free cash flow from 2026 to 2030 to reach 278 billion US dollars, and the scheduled revenue for the period is about 840 billion US dollars. The company expects revenue of about 36 billion US dollars in 2026, which will rise to 350 billion US dollars by 2030, but investment in computing power and infrastructure will far exceed revenue growth. OpenAI is in preliminary discussions with investors on a new round of private equity financing. The target valuation is about 1.2 trillion US dollars, which is a significant increase of about 41% from the post-investment valuation of 852 billion US dollars when the financing was completed in March this year. People familiar with the matter said that the relevant contacts were initiated at the investor's initiative, and whether and when to proceed depends on the company's IPO plan.

According to the company's internal presentation materials, OpenAI expects the cumulative negative free cash flow from 2026 to 2030 to reach 278 billion US dollars, and the scheduled revenue for the period is about 840 billion US dollars. The company expects revenue of about 36 billion US dollars in 2026, which will rise to 350 billion US dollars by 2030, but investment in computing power and infrastructure will far exceed revenue growth. OpenAI is in preliminary discussions with investors on a new round of private equity financing. The target valuation is about 1.2 trillion US dollars, which is a significant increase of about 41% from the post-investment valuation of 852 billion US dollars when the financing was completed in March this year. People familiar with the matter said that the relevant contacts were initiated at the investor's initiative, and whether and when to proceed depends on the company's IPO plan.