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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 bahmanm@lemmy.ml to c/technology@lemmy.ml

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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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[–] j4k3@lemmy.world 50 points 1 year ago (8 children)

Open AI died the moment Meta's Llama model weights were replicated completely open source. The outcome is guaranteed. It does not matter how much better the enormous proprietary model can be, people will never be okay with the level of intrusive data mining required for OpenAI or Google's business model. Personal AI tech must be open source and transparent with offline execution. AI is the framework of a new digital economy, not the product.

[–] griD@feddit.de 16 points 1 year ago

AI is the framework of a new digital economy, not the product.

That is one interesting sentence. Thanks.

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