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OpenAI’s $96B Debt Sparks Concerns Over Future Funding

11/28/2025

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Summary

Story summary

The Financial Times reports that OpenAI's data-center suppliers carry $96 billion in debt.
OpenAI has committed $1.4 trillion for future energy and computing, but expects $20 billion in revenue this year.
HSBC projects OpenAI may require an additional $207 billion by 2030.
The five major tech firms have taken on $121 billion in debt this year.
Credit default swap yields for Oracle and CoreWeave have widened, signaling higher default risk.

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Story summary

The Financial Times reports that OpenAI's data-center suppliers carry $96 billion in debt.
OpenAI has committed $1.4 trillion for future energy and computing, but expects $20 billion in revenue this year.
HSBC projects OpenAI may require an additional $207 billion by 2030.
The five major tech firms have taken on $121 billion in debt this year.
Credit default swap yields for Oracle and CoreWeave have widened, signaling higher default risk.