Report: ChatGPT burns about $700,000 a day, OpenAI may be on the verge of bankruptcy
08/13 11:16
According to a report by Analytics India Magazine, OpenAI may be facing a potential financial crisis. The report suggests that the company may go bankrupt by the end of 2024. It is reported that OpenAI spends about $700,000 (approximately 5.068 million yuan) per day on its artificial intelligence service, ChatGPT. Currently, OpenAI is in a state of burning money. Although the company is trying to achieve profitability through GPT-3.5 and GPT-4, it has not yet generated enough revenue to achieve a balance of payments. The report states that since the company began developing ChatGPT, its losses doubled in May, reaching $540 million. Microsoft's investment of $10 billion in OpenAI may be the reason why the company is still running. However, if OpenAI cannot obtain more funds quickly, the company may have to file for bankruptcy before the end of 2024.
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