Wire · operational-macro
OpenAI's AI spending spree has ballooned to $750B
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Fusion42 · 22 July 2026 · Fusion42 review
OpenAI announced a $750 billion infrastructure spending plan through 2030, 25% above earlier estimates, anchored by Project Camellia, a $20 billion data center campus in Georgia requiring 3.2+ gigawatts of power and spanning 1,400 acres. The company will absorb full infrastructure and utility costs, securing a 15-year property tax abatement and committing to grid demand response.
This Wire brief sits within Fusion42's coverage of AI Infrastructure and Cloud Infrastructure, and 3 sources have reported it between 22 Jul 2026 and 24 Jul 2026.
◆ ◆ The Wire takeaway
OpenAI just committed to buying 3+ gigawatts of grid power at scale—that's a hard constraint, and every generator, transformer, substation and transmission line between Georgia Power's plant and Savannah now has a customer. If you make power equipment, controls, or grid reinforcement tech, you now know the buyer and the timeline: 2028-2032.
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3 sources · first reported 22 Jul 2026 · latest 24 Jul 2026
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