From Penske Media Corporation: 2024-07-27 17:25:00

OpenAI, valued at $80 billion, may lose $5 billion in 2022 due to high costs of running AI products like ChatGPT. $7 billion might be spent this year for operations, training, and server rental from Microsoft, with $4 billion allocated to server costs and $3 billion for training AI models.

Additionally, $1.5 billion per year covers labor costs for OpenAI’s 1,500 employees. Concerns arise about profitability amidst competition, including Meta’s free similar tech. Experts question OpenAI’s unique technology, path to profitability, reliability, and distinguishing a killer app from demos.



Read more at Penske Media Corporation: OpenAI, Home Of ChatGPT, May Lose $5B This Year