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title: OpenAI's AI spending spree has ballooned to $750B
description: OpenAI has announced plans to spend $750 billion on AI infrastructure through 2030, a 25% increase from earlier estimates. The first major project is a $20...
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# OpenAI's AI spending spree has ballooned to $750B

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

OpenAI has announced plans to spend $750 billion on AI infrastructure through 2030, a 25% increase from earlier estimates. The first major project is a $20 billion data center campus called Project Camellia in Georgia, spanning 1,400 acres and drawing at least 3.2 gigawatts of power from Georgia Power. Most of the new power capacity will come from natural gas, more than doubling Georgia Power's existing natural gas fleet. OpenAI will cover full infrastructure and electricity costs, and receives a 50% property tax abatement for 15 years. The announcement comes as its Stargate data center project has reportedly stalled, and raises environmental concerns given the reliance on fossil fuels and the controversy surrounding xAI's Colossus data center.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/07/22/openais-ai-spending-spree-has-ballooned-to-750b>

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---

Tags: [#cloud](https://daily.dev/tags/cloud), [#openai](https://daily.dev/tags/openai), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure)

[View this post on daily.dev](https://daily.dev/posts/openai-s-ai-spending-spree-has-ballooned-to-750b-oup3apssc)

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