Report claims that OpenAI has burned through $8.5 billion on AI training and staffing, and could be on track to make a $5 billion loss
The average PC user will probably think 'ChatGPT' whenever generative AI is mentioned, as it's arguably the world's most well-known and widely used LLM system. An investigative report into the financial status of its creator, OpenAI, suggests that despite its popularity, the immense costs of training the AI models and running the servers that host them are so high that the company is on track to make an operational loss of $5 billion.