Sam Altman is addressing the elephant in the room.

The OpenAI CEO on Thursday said in a post on X that the company is on track to earn more than $20 billion in annualized revenue run rate this year, with a path to bring in “hundreds of billion by 2030.”

The figure is a stark jump from the $13 billion in revenue that the company’s CFO Sarah Friar claimed in September. But it’s still a far cry from the $1.4 trillion in infrastructure deals with massive tech firms, which have raised concerns that the company won’t be able to cover its commitments.

Altman said that while “each doubling” of revenue is hard earned, the company is “feeling good about our prospects there,” noting that enterprise offerings, consumer devices and robotics could become promising revenue categories. Altman also alluded to directly selling compute capacity to companies and consumers.

As for the rapid pace and magnitude of the infrastructure buildout itself, Altman said the risks of not aggressively building out AI data centers are greater than having too much compute power.

“We are trying to build the infrastructure for a future economy powered by AI, and given everything we see on the horizon in our research program, this is the time to invest to be really scaling up our technology,” Altman said.

Addressing criticism that OpenAI had eyed a federal backstop for its infrastructure investments, Altman said in his post that “taxpayers should not bail out companies that make bad business decisions or otherwise lose in the market.” 

Though Altman has full confidence that OpenAI will be a “wildly successful company,” achieving the kind of exponential growth that it’s banking on hinges not just on widespread adoption, but a large pool of users – both enterprise and consumer – willing to pay for OpenAI’s services.

And despite the fact that OpenAI now has deep financial ties with practically every major tech power player, “if we get it wrong, that’s on us,” Altman said. “If one company fails, other companies will do good work.”