The Information, we now have a glimpse behind the curtain: In OpenAI’s case, the figure totals $540 million in losses last year as the startup developed ChatGPT.And while revenue is pacing to hit hundreds of millions per annum, expenses are set to grow, too.
Specifically, the report mentions that OpenAI CEO Sam Altman may be aiming to raise up to $100 billion in the next few years to develop artificial intelligence so smart it can improve itself.
Additionally, OpenAI is keen to acquire fresh data sets for its software, some of which aren’t on the internet at present.These data sets are a point of contention elsewhere.
Companies such as Samsung are wary of their proprietary data slipping into the ChatGPT data pool, as evidenced by a recent ban on generative AI usage with company materials.Given how massive the cost requirements are for artificial intelligence are (at least in OpenAI’s case), it begs the question whether other AI companies can maintain pace with the trendsetter.To give deeper insight into the costs behind ChatGPT and OpenAI’s operations, back in 2020, the startup was inclined to spend up to $75 million for Google Cloud services, until Microsoft and its Azure platform became a more attractive prospect for future endeavors.In The Information’s report, it’s noted that Open AI’s communications and policy chief, Steve Dowling, is planning to depart the company in the near future.
Read more on thewrap.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.