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submitted 1 year ago* (last edited 1 year ago) by bahmanm@lemmy.ml to c/technology@lemmy.ml

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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[-] philluminati@lemmy.ml 7 points 1 year ago

Uber has never turned a profit for 14 years. I’m guessing it’s windows central who is facing bankruptcy, intellectually speaking.

this post was submitted on 16 Aug 2023
242 points (88.5% liked)

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