The website The Information reported that the OpenAI it is expected to have losses in the order of 5 billion dollars in 2024 and, according to the publication, could put the company on the brink of bankruptcy.
Although it is unlikely that OpenAI – one of the most popular companies in the field of Artificial Intelligence (AI) – will go bankrupt, the details revealed by the publication reveal OpenAI's high costs.
BUT: OpenAI has launched a smaller, more efficient version of its AI
Reportedly, the company will spend (per year) $7 billion training its AI technology and another $1,5 billion on employees. There is also the fact that ChatGPT's operating costs per day are 700 thousand dollars. All in all, OpenAI is likely to need another round of investment to stay afloat.
It is worth noting that, even though OpenAI has become one of the best-known companies in the field of AI, technological giants such as Meta, Google, Amazon and also X are among other 'players' to take into account.
