AI Chat: ChatGPT & AI News, Artificial Intelligence, OpenAI, Machine Learning cover image

The Cost of ChatGPT, Why OpenAI Spends $540M a Year

AI Chat: ChatGPT & AI News, Artificial Intelligence, OpenAI, Machine Learning

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The Costs of Running an AI Company

OpenAI spent over $540 million last year to get chat GPT already developed and launched. A lot of this goes into just the steep costs of training these machine learning models. CEO Sam Alman privately suggested that opening AI may try to raise as much as $100 billion in the coming years.

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