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OpenAI losses hit $540 million last year as ChatGPT costs racked up

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ChatGPT cost a bomb to make with OpenAI's losses growing to $540 million last year, report says

John Hennessy, chairman of Google's parent company Alphabet,that a search on Google's own chatbot Bard costs 10 times as much as a regular search.

Though OpenAI has strengthened its financial position with Microsoft's backing, growing demand for its chatbot — which became theEarlier this week,alluded to rising costs, suggesting that it was"going to be the most capital-intensive startup in Silicon Valley history," The Information reported. The report suggested that Altman has"privately suggested" that OpenAI could try to raise around $100 billion in the coming years as it works towards developing artificial general intelligence –

 

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