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374 OpenAI Could Lose $5 Billion This Year

Slashdot
msmash @ Slashdot · 07/24/2024 13:23 EDT

OpenAI Could Lose $5 Billion This Year

OpenAI has built one of the fastest-growing businesses in history. It may also be one of the costliest to run. The Information: The ChatGPT maker could lose as much as $5 billion this year [non-paywalled source], according to an analysis by The Information, based on previously undisclosed internal financial data and people involved in the business. [...] On the cost side, OpenAI as of March was on track to spend nearly $4 billion this year on renting Microsoft's servers to power ChatGPT and its underlying L

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