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Aug 14, 2023

ChatGPT’s huge running cost is threatening OpenAI’s future

Posted by in categories: finance, robotics/AI

OpenAI, the artificial intelligence studio that popularised AI with its chatbot ChatGPT, is reportedly facing a financial crisis that could lead to its bankruptcy.

According to a report by Analytics India Magazine, OpenAI spends a staggering $700,000 every day to run ChatGPT, one of its flagship AI services. The chatbot, which uses a powerful language model called GPT, can generate realistic and engaging conversations on various topics.

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