OpenAI Faces Financial Crisis with Potential $5 Billion Loss in 2024
Despite rapid growth and substantial investments, OpenAI's high operational costs threaten its financial stability within the next year.
- OpenAI's annual costs include $7 billion for AI training and $1.5 billion for staffing.
- The company spends nearly $700,000 daily to maintain ChatGPT operations.
- Revenue generation from ChatGPT and LLM access fees barely covers operating expenses.
- Analysts question the sustainability of OpenAI's business model amid escalating costs.
- Additional funding is crucial for OpenAI to avoid bankruptcy within 12 months.