[❓] ChatGPT's fate hangs in the balance as OpenAI reportedly edges closer to bankruptcy
[❓] ChatGPT's fate hangs in the balance as OpenAI reportedly edges closer to bankruptcy
OpenAI's AI-powered chatbot is running on fumes.
Investors are barely breaking even as the venture is hardly making any profits due to a shortage of chips, divided interests, and more.
... OpenAI has already seen a $540 million loss since debuting ChatGPT.
... OpenAI uses approximately 700,000 dollars to run the tool daily.
⚠️ First off, apologies as I didn't cross check. Take it w/ a grain of salt.
This piece of news, if true, somehow explains why OpenAI has been coming up w/ weird schemes for making $$$ like entering the content moderation space.
On a similar note, I wonder if this had been a key driver (behind the scenes) in the recent investment in open source AI initiatives (Haidra comes to my mind?) Perhaps some corporations who haven't got enough $$$ to fund their own dedicated research group are looking to benefit from an open source model?
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If Twitter ran for decades on a loss, so will OpenAI. Worst case scenario they get completely absorbed by MS and have the bill footed by them. Kind of what happened with Youtube.