OpenAI raises data center spending projection to $750B through 2030, announces $20B Project Camilla in Georgia

OpenAI Raises Data Center Spending Projection to $750B Through 2030, Announces $20B Project Camilla in Georgia

OpenAI has raised its projected spending on data center infrastructure to around $750 billion through 2030, up from a prior projection of roughly $600 billion. The company also announced a $20 billion investment in a new data center called Project Camilla in Effingham County, Georgia, marking a significant expansion of its capital commitments to secure the computing capacity needed for frontier model development and deployment.

The increase reflects new agreements OpenAI has struck with cloud computing providers as it races to lock in enormous amounts of computing power. According to reporting from The Wall Street Journal, data center spending has become a central focus of CEO Sam Altman's leadership team and has at times been a source of internal tension.

The timing of the announcement—coming amid demonstrated progress in coding agents and broader adoption curves—signals continued faith in scaling laws and the trajectory of AI capability advancement, even as the capital requirements have become startlingly concrete. The $150 billion increase in the multi-year projection underscores the acceleration in demand for compute and the competitive pressure to secure capacity years in advance.