OpenAI Is Losing a Flabbergasting Amount of Money on ChatGPT

  • 📰 futurism
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Ai Ai Headlines News

Ai Ai Latest News,Ai Ai Headlines

The Elon Musk-founded research firm that created ChatGPT is apparently hemorrhaging money on the game-changing chatbot that put it on the map

that OpenAI CEO Sam Altman has set the company's revenue bar very high in an investor pitch, with estimates that the firm could make $200 million this year and $1 billion next year., that figure seems almost impossibly high.

also reported that Altman has privately suggested that OpenAI could raise $100 billion as it moves towards creating human-level AI or "artificial general intelligence" — an admission which, if true, says a lot about the CEO's priorities, if nothing else.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 85. in Aİ

Ai Ai Latest News, Ai Ai Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OpenAI losses hit $540 million last year as ChatGPT costs racked upInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google, OpenAI risk losing AI race to open source: leaked docGoogle and OpenAI will lose the AI arms race to open-source engineers, a Googler said in a leaked document
Source: BusinessInsider - 🏆 729. / 51 Read more »

Former OpenAI Researcher: AI at Human Level Means a '50/50 Chance of Doom'A former OpenAI researcher, Paul Christiano, has expressed serious concerns about the potential risk that AI poses to humanity, estimating a 10-20 percent chance of an AI takeover resulting in a high number of human fatalities. According to Christiano, if AI reaches 'human level' thinking, the human race approaches 'a 50/50 chance of doom.'
Source: BreitbartNews - 🏆 610. / 51 Read more »

OpenAI’s regulatory woes have barely startedItaly’s GDPR restrictions were just a taste of what lies ahead for ChatGPT.
Source: verge - 🏆 94. / 67 Read more »

OpenAI changed its plans and won't train on customer data, Sam Altman saysThe ChatGPT creator quietly changed its terms of use in March to opt API customers out of the training, but most people will still have their inputs collected.
Source: CNBC - 🏆 12. / 72 Read more »

Ex-OpenAI Safety Researcher Says There’s a 20% Chance of AI ApocalypseA one-time OpenAI researcher is sounding alarm bells about the prospect that artificial intelligence may bring about the end of humanity.
Source: futurism - 🏆 85. / 68 Read more »