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OpenAI Raises Infrastructure Spending to $750B Through 2030 — Project Camellia Is a 3.2GW Georgia Campus

OpenAI revised its infrastructure spending forecast upward to $750 billion through 2030, a 25% increase from the approximately $600 billion figure disclosed earlier this year. The jump was reported by the Wall Street Journal and announced Wednesday.

The first concrete deployment from the expanded plan is Project Camellia, a data center campus on 1,400 acres northwest of Savannah, Georgia. The site is contracted for at least 3.2 gigawatts of power from Georgia Power, the region’s utility. OpenAI has agreed to cover the full cost of infrastructure and electric-service buildout — an unusual arrangement that shifts grid investment risk from the utility to OpenAI directly.

Georgia Power also disclosed that OpenAI will reduce its power draw by up to 1 gigawatt during periods of peak grid demand, a demand-response provision that softens the project’s impact on regional ratepayers.

Stargate Context

The announcement comes as OpenAI’s Stargate data center program appears to have stalled. Stargate was unveiled in January 2026 as a $500 billion joint venture with SoftBank, Oracle, and others, with an initial $100 billion in committed capital. Project Camellia is a separate, OpenAI-controlled deployment outside the Stargate structure.

That separation matters. Where Stargate requires coordinating multiple principals across complex equity and offtake arrangements, Camellia is a direct OpenAI capital deployment. The revised $750B forecast likely reflects OpenAI’s decision to build out compute capacity it fully controls rather than waiting on partner timelines.

What $750B Looks Like

For context: $750 billion through 2030 is $150 billion per year across five years. OpenAI’s total capital raised to date is approximately $122 billion, including its May 2026 round at $852 billion valuation. The spend plan therefore exceeds total capital raised by more than 6x, and will require continuous debt and equity financing to execute.

Georgia Power’s public filings indicate most of Camellia’s new capacity will come from natural gas. No nuclear or renewable mix was specified in the filings. The 3.2GW contracted figure is a floor; the full campus may draw significantly more as deployment scales.

OpenAI has not disclosed the full hardware configuration, hypervisor stack, or timeline for the Camellia site coming online.

The Compute Race Stakes

The revised figure puts OpenAI’s declared infrastructure commitment above the $725B aggregate buildout tracker assembled by sesamedisk.com, which monitors announced projects across all hyperscalers. If executed, a single company’s 2030 compute bet would exceed what the entire industry had publicly committed less than a year prior.

Anthropic is currently building a 401MW campus on SpaceX’s Colossus 1 and has a 20-year, 401MW lease with TeraWulf in Kentucky. Google has committed $40 billion to Anthropic for dedicated TPU capacity coming online in 2027. Microsoft’s Fairwater campus in Wisconsin is operational. The infrastructure race has moved well past announcement-phase signaling into concrete regional power agreements.

Project Camellia is the first data center in the Savannah area at this scale. Georgia Power’s filings will track the buildout milestones as a regulated utility item.