Reported about 9 hours ago
OpenAI has significantly increased its cash burn projection to $115 billion by 2029, driven by escalating expenses to support its ChatGPT technology. The revised estimate is $80 billion more than previously expected, with the company anticipating over $8 billion in expenses for this year alone. To mitigate these costs, OpenAI plans to develop its own data center server chips, launching its first AI chip next year in collaboration with Broadcom. Additionally, the company is enhancing partnerships with Oracle and Google Cloud for computing resources.
Source: YAHOO