OpenAI may have lost more than half a billion dollars over the past year

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OpenAI may have lost more than half a billion dollars over the past year
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Having an AI answer all of your questions isn't cheap, guys.

) reports that partly because of the exorbitant costs of running ChatGPT, OpenAI is believed to have roughly doubled its losses to around $540 million last year. It's worth noting that these numbers come from analyst estimates rather than any up-to-date financial reports, so they can't be treated as 100% accurate.

Dylan Patel, the chief analyst at SemiAnalysis, told The Information that most of the cost is"based on expensive servers they require" and that those estimates were based on the GPT-3 model, not the current GPT-4 that OpenAI is using. So those figures are possibly quite conservative considering the extra complexity and, therefore, cost of each GPT-4 query. premium service, which went live this year. That service gives queries quicker responses and priority during peak hours.

. The Nvidia boss also said we should soon expect to see "AI factories all over the world" powering various AI technologies. into OpenAI couldn't have come at a better time. According to the report, OpenAI CEO Sam Altman is also looking to raise up to $100 billion in the next couple of years. , Athena, for the last four years. This new chip could launch next year and should be more cost-efficient than using Nvidia GPUs to run AI models.

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