OpenAI Data Center Pivot: $1.4T Infrastructure Ambition Cut to $600B, Q4 2026 IPO Target Confirmed

CNBC·high signal

CNBC reports that OpenAI has scaled back its data center ambitions from the $1.4 trillion figure Altman had touted to $600 billion in total compute spend by 2030, exiting an ambitious infrastructure agreement with Nvidia ahead of a planned IPO. Analysts cite Wall Street pressure: 'The market doesn't appreciate the reckless approach to growth and spending — revenues need to justify the spending.' OpenAI is now targeting a Q4 2026 IPO and repositioning ChatGPT explicitly as a 'productivity tool' to shore up enterprise revenue narratives.