OpenAI had really big losses last year, coming in at about 540 million dollarsdue to the large investments made for creare ChatGPT. While the company has grown in popularity and started making money with the paid version of ChatGPT, the cost of developing it weighs heavily on the company’s finances.
The costs for OpenAI last year were much higher than usual. ChatGPT’s training undoubtedly took a huge toll. But the company also came in the red for hire talent from Googleas revealed by several sources familiar with the financial situation of the startup.
This data, which had not been disclosed before, shows how expensive it is to train its machine learning models in the run-up to the commercial version of the chatbot launching in February.
The market launch, however, brought income. Indeed, revenue has grown, reaching an annual level of hundreds of millions of dollars in a few weeks after starting the paid service. However, costs remain likely to continue to rise as the number of customers using its AI technology increases. And the same goes for the company’s effort developing new versions of the software.
Faced with this financial challenge, the CEO Sam Altman privately hinted that OpenAI might try to raise up to $100 billion over the next few years. Investments to pursue its goal of building an artificial general intelligence that can self-improve its capabilities.
In the world of mobile gaming, Monopoly GO is a popular game known for being…
In view of the sixth F1 round of the season which will stop in the…
Different motivations but same objectives, score points. So let's find out where to watch Salernitana-AtalantaTelevision…
Let's discover QuiGioco together, a new platform in the great universe of online casinos and…
Amazon Prime Video releases for May 2024: here are the films, shows and TV series…
In this new episode of Anime Breakfast, this time a review, let's find out together…