Sept 19 (Reuters) - OpenAI plans to spend about $100

billion renting backup servers from cloud providers over the

next five years, the Information reported on Friday, citing

company executives' discussions with shareholders.

This expenditure is in addition to the $350 billion the

artificial intelligence firm has already projected to spend on

server rentals from cloud providers this year through 2030, the

report said.

Companies are spending hundreds of billions of dollars to

secure supply-constrained computing capacity as they race to

develop the most sophisticated AI models, benefiting cloud

service providers and chipmakers.

Including the backup servers, OpenAI plans to spend about

$85 billion a year on server rentals over the next five years,

on average, the report said citing the company's private

projections.

OpenAI did not immediately respond to a Reuters request for

comment.

OpenAI executives say the servers are "monetizable" because

they will help the company gain additional revenue it has not

yet included in projections, either by powering research

breakthroughs or a surge in product usage, the report said.

The ChatGPT creator expects to burn around $115 billion in

cash through 2029 as it ramps up spending to power its

artificial intelligence models, the Information reported earlier

this month.