2024-07-26 15:55:22.AIbase.10.6k
The Cost of Running ChatGPT Is Insanely High! OpenAI May Lose $5 Billion This Year
OpenAI is facing a loss of up to $5 billion this year, primarily due to the high costs associated with running ChatGPT and other AI products. Major expenditures include nearly $4 billion for renting Microsoft servers and $3 billion for training and updating AI models. Labor costs account for $1.5 billion, reflecting the company's significant salary increases to attract and retain talent. In the face of massive losses and fierce competition, the profitability prospects for OpenAI are under scrutiny, especially as competitors offer similar technology for free.