OpenAI on verge of bankruptcy & heading for $5 billion in losses: Report
TheSam Altman-led company is spending more cash than it should and that could force it to bankruptcy if it doesn’t get more funding within 12 months, reportedThe Information. These expenses could force the company to close on yet another financing round within 12 months to stay afloat, said the report. OpenAIis a costly business. Its AI chatbot,ChatGPT, costs $694,444 per day to operate in computer hardware costs alone, according to aSemianalysis report....