OpenAI Is Growing Fast and Burning Through Piles of Money

23 pointsposted 16 hours ago
by coloneltcb

5 Comments

mikeocool

15 hours ago

> OpenAI would need to continue raising money over the next year because its expenses grew in tandem with the number of people using its products.

It’s kinda funny how many businesses are coming out and saying they are going to be able to reduce headcount because of AI, but it’s clear we don’t actually know the real costs of this yet, as OpenAI is charging less than it costs to operate.

j0hnyl

13 hours ago

They will raise their prices in the coming years and companies will gladly pay it.

RandomWorker

6 hours ago

In the article they said that there goal is to raise it from $20 to $44 so there’s your number. Honestly, I can’t use it for work because of the privacy and confidentiality concerns we have with the prompts.

OpenAI showed the way that AI is great. But, they will also need to improve their service. I don’t know how much time they have until other players come in to eat their lunch. Apples new features look great and run on device. There is also such much time before open source models do 90% of what OpenAI does and run on device. Facebook is giving it away for free. If profitability is going to be achieved in 2029? That’s five years for players(Apple/fb/microsoft) that are making money today to run and catch up.

jgalt212

13 hours ago

or the models will become cheaper to run.

cyanydeez

14 hours ago

Google "don't be evil" speed run