ChatGPT by OpenAI has revolutionized the development of Artificial Intelligence. However, it turns out that the company may soon have serious financial problems. Is it facing bankruptcy?
The Information reports that the company may lose $5 billion this year and may be on the verge of bankruptcy in just 12 months. Where do these predictions come from? Based on its own analyses, the service reports that OpenAI is to spend around $7 billion on training AI models, and around $1.5 billion on employees. Although the premiere of GPT-4o has translated into increased profits, the company may face problems. Just last year, it was said that the creators of ChatGPT were spending $700,000 per day on its operation. That’s a lot of money, and without external support it may not be possible to stay afloat.
It is no wonder that OpenAI is seeking cooperation with external partners. It is no secret that Microsoft is investing heavily in Sam Altman’s company. It is also no secret that Apple has signed an agreement with OpenAI, thanks to which AI solutions will be available on iPhones, iPads, and Mac computers. Apple Intelligence is to be independent, but it is ChatGPT integrated with Siri or writing tools that will expand the capabilities of devices with the bitten apple logo.
OpenAI in trouble? The company may be on the brink of bankruptcy
How will it be in reality? I wouldn’t draw a line at a company that constantly proves to us that Artificial Intelligence needs constant development and huge financial outlays. OpenAI still has a few aces up its sleeve, the latest of which, in the form of an alternative search engine to Google, has a good chance of gaining new users. The SearchGPT search engine has just been made available as a prototype, and is to be a response to the needs of changes in Google’s operation and the way popular search engines display answers to questions asked.
Getting answers online can be a lot of work, often requiring multiple attempts to get the right results. We believe that by enriching the conversational capabilities of our models with real-time information from the web, finding what you’re looking for can be faster and easier.
– we read in OpenAI’s announcement dedicated to the search engine. Would you like to test its capabilities? You have to be patient and join the waiting list. Once access is expanded, you’ll have a chance to see how SearchGPT stacks up against the competition and whether it really has a chance of challenging Google.
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Source: antyweb.pl
