ChatGPT burns $700,000 a day, and OpenAI is on the verge of bankruptcy.?
InnovateX
2023-08-24 18:16:14
2.85W
Share to:
Collect
Hot List Ranking
- Why should we invest in gold instead of stocks in 2025?Cristiano
- AI NVIDIA announced its third quarter financial results, with revenue reaching US$35.1 billionGlobal Finance
- Automobile unions oppose pay cuts and layoffs, Germany's Volkswagen faces threat of large-scale strikesGlobal Finance
- Tesla rolls again! The final payment of the Model Y model will be reduced by 10,000 yuan, applicable to 5 years, zero interestGareth
- China and the EU are about to reach an agreement on the electric vehicle tariff dispute!Global Finance
The rise of artificial intelligence has brought wealth to a group of people, the rise of the industry and wealth is an indisputable fact, to OpenAI founder Sam Altman, for example, since he dropped out of Stanford University in 2005, the computer genius has been transformed into a billionaire, known as the "strongest after 85"。As well as making money, it's an indisputable fact that artificial intelligence burns money。Recently, a report by the Indian news media platform Analytics India Magazine: OpenAI only runs its artificial intelligence service ChatGPT, which costs about 700,000 US dollars per day, about 5 million yuan, which is a huge expense.。To make matters worse, OpenAI hasn't had a good time lately either.。It is understood that in terms of profitability, OpenAI has been trying to pass its product GPT-3.5 and GPT-4 to achieve profitability, but has not yet been able to generate sufficient revenue and has been slow to break even.。In terms of user base, ChatGPT's user base is also gradually declining, with the product's user base plummeting 12% in July, from 1.7 billion to 1.5 billion.。Profits are slow to go up, the user base is falling, and it's only a matter of time before losses are recorded, according to the report, since OpenAI began developing ChatGPT, as of May this year, the project's losses have doubled to a staggering 5.$400 million。Since this project is so expensive, what keeps it going??Analytics India Magazine said that the current support for the company can continue to operate, may be Microsoft's $10 billion investment in OpenAI project funds, but the platform also pointed out that for the $10 billion, if OpenAI is still as the current usage, the situation has not improved, OpenAI may have to file for bankruptcy by the end of 2024。
·Original
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like