OpenAI and its partners are planning to borrow hundreds of billions of dollars to fund a data center buildout.

OpenAI is burning billions of dollars every month on top of trillions of dollars in future spending commitments with no clear answer for how it's going to get that money.

OpenAI wants the US government to effectively cosign these loans, making taxpayers responsible for hundreds of billions of dollars in losses if OpenAI defaults.

In November 2024, OpenAI published a document titled "OpenAI's infrastructure blueprint for the US" to justify its data center buildout and spending, invoking Russia and China as geopolitical rivals.

Four AI companies are spending almost $700 billion this year to build data centers across the United States.

Financial analysts at Deutsche Bank projected OpenAI will burn through $143 billion before ever turning a real profit.