OpenAI may, in the future, offer AI infrastructure services of the ilk that cloud computing and neocloud providers do.

In an interview on August 20, OpenAI’s CFO Sarah Friar said that, while OpenAI is not “actively looking” at the prospect currently, “I do think about it as a business down the line, for sure,” reports Bloomberg.

The AI company is currently focused on securing enough compute capacity for its own AI operations, be that from other suppliers or through its $500 billion Stargate project, in which it aims to invest in the development of massive data centers alongside SoftBank and Oracle.

Speaking on its current strategy, Friar noted: “If all we do is buy from others, all we’re doing is giving them our IP because they’re learning how to build AI infrastructure,” explaining that the company is looking to get more involved in the processes.

Previously, Microsoft was OpenAI's exclusive cloud provider due to its early heavy investment in the company. However, as compute capacity demand for OpenAI has continued to grow, it is now diversifying beyond Microsoft.

In addition to its Stargate project, OpenAI signed a $4 billion cloud deal with CoreWeave in May 2025, building on an earlier $11.9bn deal with the neocloud. The company has also signed deals with Google Cloud and was confirmed in July to be behind a $30 billion-a-year cloud deal with Oracle.

Both Oracle and Microsoft have previously helped finance OpenAI’s data center buildout, but according to Friar, the AI company is now speaking to banks and private equity firms about debt financing to support its efforts. “That’s the next path we’re going down,” Friar said. From there, she added, OpenAI is “trying to be thoughtful” about whether there are “other interesting, novel ways we could do that beyond debt.”

Earlier this week, CEO Sam Altman said: “You should expect OpenAI to spend trillions of dollars on infrastructure in the not very distant future. And you should expect a bunch of economists to say, ‘This is so crazy, it’s so reckless, and whatever.' And we’ll just be like, ‘You know what? Let us do our thing.’”

Whether this is on self-built infrastructure or includes cloud deals was unspecified. While boasting of major investment plans, Altman added that he agreed that generative AI could be a “bubble.”

Expanding on this, he said: “If you look at most of the bubbles in history, like the tech bubble, there was a real thing. Tech was really important. The Internet was a really big deal. People got overexcited. Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes."

Despite big plans for growth, OpenAI remains an unprofitable company, though revenue is fast growing. In July 2025, OpenAI brought in $1bn in revenue, a milestone for the company.

Bloomberg has previously reported that OpenAI is planning a stock sale for current and former employees at a valuation of $500bn.