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ChatGPT In Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day
(www.firstpost.com)
this post was submitted on 13 Aug 2023
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Technology
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LLM's are pricey to train and evaluate, much more so than compositional models.
But no, OpenAI aren't going bust due to this. Given that they have the most successful LLM on the market, it's safe to say that they probably know how much they cost, and can calculate roughly how much their yearly spend will be.
You make a good point.
But maybe they asked their AI model and it misplaced a decimal. /s