0
Applied AI·September 18, 2026·1 min read

Leaked presentation: OpenAI expects negative free cash flow of $278B from 2026 to 2030 and projects its revenue will grow from $36B this year to $350B in 2030

Share

A projected $278B negative free cash flow against a $36B→$350B revenue ramp cements frontier AI as a capex arms race, not a normal software business. For enterprise buyers, this likely means continued price pressure on base inference and aggressive pushes into higher-margin, higher-lock-in products to make those curves meet.