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Industry·1d ago·all news from July 22, 2026

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

OpenAI plans to invest $750 billion into artificial intelligence infrastructure by 2030. This projected spending, comparable to the annual economic output of Sweden, underscores the massive capital requirements needed for future computing power and data centers. The scale of this expenditure highlights the intense industry competition to secure the hardware necessary for advancing large-scale machine learning models.

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