Science and technology

OpenAI, the company that launched ChatGPT, suffered a loss of $540 million in 2022

Chat GPT

The development of the ChatGPT chatbot based on artificial intelligence cost the OpenAI company a significant amount, it is reported The Information with reference to sources informed about the financial indicators of the company. According to their data, last year when ChatGPT was launched, OpenAI's losses roughly doubled to about $540 million.

These figures demonstrate how much the company has spent in the program to deploy a commercial AI-based product. The main part of OpenAI's expenses in the creation and launch of ChatGPT is the provision of computing power for generating answers to user requests, that is, the purchase of servers with GPU-based calculation accelerators.

According to estimates of Dylan Patel (Dylan Patel), the chief analyst of the consulting firm SemiAnalysis, the use of ChatGPT can cost OpenAI about $700 per day, taking into account the costs associated with the use of computing resources. The chairman of the board of directors of Alphabet (parent company of Google) John Hennessy (John Hennessy) previously said that the search in Bard, Google's own chatbot, costs 10 times more than a normal search.

Although OpenAI's financial position has strengthened, largely thanks to Microsoft's multibillion-dollar investment, growing demand for its chatbot, whose number of active users grew to 100 million in just two months after launch, will lead to further increases in the company's costs. Previously, the CEO of OpenAI Sam Altman (Sam Altman), speaking about the increase in costs, said that it "will be the most capital-intensive startup in the history of Silicon Valley", writes The Information.

Sam altman

According to the publication, Altman "privately speculated" that OpenAI could try to raise around $100 billion in the coming years as the company works to develop artificial general intelligence (AGI) — AI as powerful as the human brain.

According to Reuters, OpenAI's profits will grow significantly this year amid a hyped rise in popularity of its technology. The company's revenue is expected to reach $200 million this year, and then grow to $1 billion in 2024.

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