The company has been around for a few years now OpenAI It has become one of the most relevant worldwide chatgpt, artificial intelligence that is gradually increasing in terms of knowledge, is able to test if users provide it with the exact information they want to obtain. And while the company’s profits are good, the losses are being reported as significant, since in the process of business growth, a lot of money is spent at the same time.
According to the specialized press, the company expects a loss of about $5 billion this year. Although it generates about $3.4 billion a year in revenue, it spends $7 billion on AI training, in addition to $1.5 billion on AI staff and infrastructure.
At the current level of losses, it is estimated that it could run out of cash within a year. So far, they’ve raised about $11.3 billion, mostly from MicrosoftAnd in February 2024 it was worth $80 billion. However, Redmond has indicated that there are no plans to make any further significant investments in the short term.
In 2023, its annual spending was $540 million, double that of 2022. In 2024, this expenditure is expected to increase tenfold. Meanwhile, anthropologicalis funded by a competitor the amazonIt plans to spend about $2.7 billion in 2024. OpenAI Working on new and improved AI models like ‘Strawberry’, though no estimated release date yet. Without further investment, the company may face financial difficulties that threaten its ability to compete with its giants Google and Meta.
It goes without saying meta Very recently launched its AI chat, and right now it has become the trend for enthusiasts.
Through: Information
Author’s Note: Hope they get that money back, otherwise it could disappear in no time. There is also a demand that Scarlett Johansson has introduced to them and they must attend.
