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OpenAI Says Its Business Will Burn $115 Billion Through 2029

An anonymous reader shares a report: OpenAI recently had both good news and bad news for shareholders. Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago. The bad news? The computing costs to develop artificial intelligence that powers the cha...

Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago. The computing costs to develop artificial intelligence that powers the chatbot, and other data center-related expenses, will rise even faster. As a result, OpenAI projected its cash burn this year through 2029 will rise even higher than previously thought, to a total of $115 billion.

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