In the AI industry, compute refers to the computational power and resources required to train and run large AI models. It's extremely expensive and difficult to build on a large scale. OpenAI has told investors that it is targeting roughly $600 billion in total compute spend by 2030, as CNBC previously reported. OpenAI, which is is valued at more than $850 billion by private investors, is looking to bring in more revenue as it gears up for a potentially massive IPO as soon as this year. The company unnerved ...