How can a company with $13 billion in revenue make $1.4 trillion in spending commitments?

Sam then goes on an unhinged rant, claiming OpenAI makes “way more revenue than that” and defensively telling Gerstner what he can do next.

…

In the past few months alone, OpenAI has racked up commitments of nearly $1.5 trillion, including:

$250 billion with Microsoft - using Azure cloud platform capacity

$500 billion with Oracle - for cloud computing capacity

$38 billion with Amazon - for use of AWS data center capacity

$22.4 billion with CoreWeave - for GPU cloud capacity

$100 billion - in general data center buildout, committed to using Nvidia GPUs

“tens of billions” with AMD - to deploy AMD Instinct GPUs

“undisclosed” with Broadcom - to design and produce in-house AI accelerators

OpenAI literally does not have the money to pay for these commitments. Its estimated top-line annual revenue of $13 billion doesn’t even cover its costs, let alone provide for profit. In fact, OpenAI is currently incinerating cash, reporting a net loss of $11.5 billion in the past quarter ending September 30, 2025. That is insane. That is not a company prepared to spend a trillion dollars on infrastructure buildout.

…