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[❓] ChatGPT's fate hangs in the balance as OpenAI reportedly edges closer to bankruptcy (www.windowscentral.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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Investors are barely breaking even as the venture is hardly making any profits due to a shortage of chips, divided interests, and more.

... OpenAI has already seen a $540 million loss since debuting ChatGPT.

... OpenAI uses approximately 700,000 dollars to run the tool daily.

⚠️ First off, apologies as I didn't cross check. Take it w/ a grain of salt.

This piece of news, if true, somehow explains why OpenAI has been coming up w/ weird schemes for making $$$ like entering the content moderation space.

On a similar note, I wonder if this had been a key driver (behind the scenes) in the recent investment in open source AI initiatives (Haidra comes to my mind?) Perhaps some corporations who haven't got enough $$$ to fund their own dedicated research group are looking to benefit from an open source model?

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[–] [email protected] 5 points 1 year ago

This is the best summary I could come up with:

According to the study, the chatbot's responses have worsened despite OpenAI's efforts to ship new features to the tool designed to improve its usability.

Not to mention the amount of money used to procure GPUs from companies like NVIDIA to ensure that things run seamlessly.

Aside from monetary issues, OpenAI is also experiencing a decline in the number of users that leverage its chatbot's offerings.

OpenAI's APIs have increasingly gained the interest of organizations initially opposed to the whole Artificial Intelligence idea and incorporating it into their workflows.

And while OpenAI continues to invest in the venture heavily, Altman has also expressed his concerns over safety measures to ensure that the tool doesn't spiral out of control.

The FTC already launched an investigation into ChatGPT to determine whether the company has broken consumer protection laws.

I'm a bot and I'm open source!