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According to reports, OpenAI has updated its long-term capital expenditure plans to investors, aiming to invest approximately $600 billion in computing power by 2030, a significant reduction from the previous target of $1.4 trillion. This move is designed to align expenditures more closely with anticipated revenue growth and alleviate concerns that expansion ambitions may outpace income. Meanwhile, OpenAI is advancing a funding round that could exceed $100 billion, with about 90% coming from strategic investors. NVIDIA is in discussions to invest up to $30 billion for a stake, and this funding round may value the company at $730 billion before investment. OpenAI expects total revenue to exceed $280 billion by 2030, with consumer and enterprise businesses contributing equally.
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