Artificial intelligence tool ChatGPT was developed by OpenAI.
The explosion of generative AI has taken the world by storm, but one question all too rarely comes up: Who can afford it?
OpenAI bled around $540 million last year as it developed ChatGPT and says it needs $100 billion to meet its ambitions, according to industry media The Information.
“We’re going to be the most capital-intensive startup in Silicon Valley history,” OpenAI’s founder Sam Altman told a panel recently.
And when Microsoft, which poured billions of dollars in investment into OpenAI, is asked about how much its AI adventure will cost, the company …
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