this post was submitted on 13 Aug 2023
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ChatGPT In Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day (www.firstpost.com)
submitted 1 year ago by balfrag@lemmy.world to c/technology@lemmy.world
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Repost from HN: https://news.ycombinator.com/item?id=37109394

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[–] monobot@lemmy.ml 15 points 1 year ago

While title is click bite, they do say right at the beginning:

*Right now, it is pulling through only because of Microsoft's $10 billion funding *

Pretty hard to miss, and than they go to explain their point, which might be wrong, but still stands. 700k i only one model, there are others and making new ones and running the company. It is easy over 1B a year without making profit. Still not significant since people will pour money into it even after those 10B.