# ChatGPT maker's computing costs have risen from about $30 million in 2017 to tens of billions of dollars this year.

*genai · news · 2026-05-05 · MarketScreener*

## Key points

- OpenAI expects to spend $50 billion on computing power in 2024.
- OpenAI's computing costs have increased from $30 million in 2017 to tens of billions this year.
- OpenAI is targeting approximately $600 billion in total computing expenses by 2030.
- Elon Musk is suing OpenAI to revert it from a for-profit back to a nonprofit entity.

**Companies:** OpenAI
**Countries:** United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/openai-projects-50-billion-spending-on-computing-power-this-year-brockman-says-ce7f58dcd18af023)

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