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?
And instead of trying to make it use less resources to run, unlike Llama tries, openai just makes a new gpt that needs even more resources
If they have investors who are paying for that, I see no problem. Operating at loss is not newsworthy nowadays, this is new reality.