Paid subscriptions soar, but OpenAI loses money!
5 days, 10 hours ago

Paid subscriptions soar, but OpenAI loses money!

New Indian Express  

NEW DELHI: OpenAI CEO Sam Altman recently shared a surprising admission on X about the company’s financial difficulties surrounding ChatGPT Pro subscriptions. People use it much more than we expected.” This revelation has raised questions about the sustainability of OpenAI’s pricing model for its popular ChatGPT Pro service. Pro and its popularity The ChatGPT Pro subscription, which grants access to the advanced GPT-4 model, has rapidly gained traction worldwide, especially in India. At $200 per month, the Pro subscription offers professionals, businesses, and students significant benefits, such as faster response times, priority access during peak hours, and advanced GPT-4 capabilities.

Pro Openai Paid Subscriptions  loses  openais  money  usage  openai  soar  subscription  paid  subscriptions  pro  model  chatgpt  gpt4  costs

History of this topic

Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring: Report
5 days, 6 hours ago

Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring: Report

The Hindu  

A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring, sources familiar with the matter told Reuters on Thursday. Musk's attorney Marc Toberoff sent a letter to the states' top …

Sam Altman says OpenAI is losing money because of ChatGPT Pro subscription
1 week, 1 day ago

Sam Altman says OpenAI is losing money because of ChatGPT Pro subscription

India Today  

OpenAI CEO Sam Altman recently made a surprising revelation on X about the company’s financial challenges with its ChatGPT Pro subscriptions. People use it much more than we expected.” The Pro subscription for ChatGPT, which offers access to the advanced GPT-4 model, has gained significant traction globally, including in India. While the Pro subscription was designed to offset the high …

OpenAI reveals plans to transition into a ‘for-profit company’
2 weeks, 4 days ago

OpenAI reveals plans to transition into a ‘for-profit company’

Hindustan Times  

ChatGPT-maker OpenAI laid out plans Friday for a new corporate structure shifting away from control by a non-profit -- an issue of contention for the artificial intelligence trailblazer. OpenAI logo is seen in this illustration taken May 20, 2024 OpenAI was founded as a non-profit in 2015 and has since switched to a "capped" for-profit enterprise allowing for a limited …

ChatGPT faces second major outage in one month, Microsoft reveals cause
2 weeks, 5 days ago

ChatGPT faces second major outage in one month, Microsoft reveals cause

India Today  

This is the second time that OpenAI's ChatGPT has suffered a major outage. At around 1:30 PM ET, many users experienced issues with ChatGPT, as the chatbot abruptly stopped responding to queries, according to an outage tracking website, DownDetector. OpenAI didn’t specify the “upstream provider” linked to the issue, but its exclusive cloud provider, Microsoft, reported a “power issue” at …

Musk-OpenAI battle: ChatGPT maker hits back at co-founder’s 'love' for nonprofit structure
1 month ago

Musk-OpenAI battle: ChatGPT maker hits back at co-founder’s 'love' for nonprofit structure

New Indian Express  

Sam Altman-led artificial intelligence research startup and ChatGPT maker OpenAI on Friday responded to Elon Musk's legal action against it, accusing him of trying to create a for-profit version of the company in 2017. A Friday blog post by OpenAI countered Musk's argument revealing that the he had proposed a for-profit structure for the startup but walked away when he …

ChatGPT back online after global outage, OpenAI says ’we’ve recovered’
1 month ago

ChatGPT back online after global outage, OpenAI says ’we’ve recovered’

Live Mint  

OpenAI's artificial intelligence chatbot ChatGPT is back online five hours after facing a global outage. Taking to X, OpenAI wrote, “ChatGPT, API, and Sora were down today but we've recovered.” This came after the chatbot faced significant outages, preventing millions of users worldwide from accessing it. Apple adds ChatGPT in latest update Earlier on Wednesday, Tech giant Apple rolled out …

OpenAI launches ChatGPT Pro with o1 pro mode for $200 per month
1 month, 1 week ago

OpenAI launches ChatGPT Pro with o1 pro mode for $200 per month

Deccan Chronicle  

OpenAI has launched a powerful version of chatbot called the ChatGPT Pro and it is priced at $200 per month. “ChatGPT Pro provides a way for researchers, engineers, and other individuals who use research-grade intelligence daily to accelerate their productivity and be at the cutting edge of advancements in AI,” said OpenAI. The plan also includes access to o1 pro …

OpenAI starts charging $200 per month for ChatGPT ‘Pro’
1 month, 1 week ago

OpenAI starts charging $200 per month for ChatGPT ‘Pro’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The “Pro” subscription tier costs $200 per month, or the same in pounds, and is aimed specifically …

OpenAI unveils ChatGPT Pro with advanced features and exclusive AI tools: Check subscription price and what it offers
1 month, 1 week ago

OpenAI unveils ChatGPT Pro with advanced features and exclusive AI tools: Check subscription price and what it offers

Live Mint  

OpenAI has announced the launch of a new subscription tier, ChatGPT Pro, offering exclusive access to advanced features, including the latest AI model, OpenAI o1. Priced at $200 per month, ChatGPT Pro provides users with unlimited access to GPT-4o, advanced voice mode, and an enhanced version of o1, known as o1 Pro Mode. This upgraded mode utilises additional computing resources …

OpenAI launches o1 model that can solve 'all maths, science problems,' locks it behind $200/month paywall
Trending News
1 month, 1 week ago

OpenAI launches o1 model that can solve 'all maths, science problems,' locks it behind $200/month paywall

Firstpost  

OpenAI o1 isn’t the GPT-5 many users are eagerly awaiting. However, it’s a significant step forward for AI-powered tools, especially in the face of growing competition from Google’s Gemini and Meta’s AI projects OpenAI has officially rolled out its highly anticipated o1 model for ChatGPT, promising a new level of problem-solving prowess. OpenAI has shared that the model scores an …

OpenAI unveils ChatGPT Pro with unlimited access to its reasoning model, voice mode and more, but at a price
1 month, 1 week ago

OpenAI unveils ChatGPT Pro with unlimited access to its reasoning model, voice mode and more, but at a price

India Today  

OpenAI is launching a new subscription-based exclusive model, ChatGPT Pro, that will include unlimited access to OpenAI o1, GPT 4o and Advanced voice mode. It also offers a Pro-exclusive version of o1, known as o1 pro mode, which utilises additional computing power and reasoning to deliver the best solutions for complex problems. OpenAI o1 model is out of preview The …

Here's What OpenAI's $200 Monthly ChatGPT Pro Subscription Includes
55 years ago

Here's What OpenAI's $200 Monthly ChatGPT Pro Subscription Includes

Wired  

Earlier today, OpenAI launched ChatGPT Pro, a $200 monthly subscription for its flagship chatbot. With a ChatGPT Pro subscription—which will cost $2,400 for a full year—users can also use an exclusive model from OpenAI called o1 pro mode that wields more computing power to process answers. WIRED has not yet tried a ChatGPT Pro subscription out firsthand to see how …

OpenAI likely to consider pushing ads on ChatGPT as it seeks to expand revenue base
1 month, 1 week ago

OpenAI likely to consider pushing ads on ChatGPT as it seeks to expand revenue base

Firstpost  

Sarah Friar, OpenAI’s chief financial officer has hinted that the organisation may be lookin for ways to integrate ads with ChatGPT and other OpenAI services, during a recent interview. OpenAI has also been on a hiring spree, onboarding several notable names from ad-tech businesses The bulk of OpenAI’s $4 billion annual income comes from licensing its API and subscriptions to …

ChatGPT, Open AI's chatbot, back up after brief outage affects thousands
2 months ago

ChatGPT, Open AI's chatbot, back up after brief outage affects thousands

India Today  

Microsoft-backed OpenAI's popular chatbot ChatGPT was back up after an outage affected thousands of users, the company said on Friday. Access was restored to most users by 4:34 pm PT, OpenAI said, adding that a small number of customers faced issues until 5 pm. OpenAI CEO Sam Altman posted on X that ChatGPT had been down for 30 minutes, adding …

Sam Altman’s OpenAI paid millions using cash and stock for new ChatGPT URL
2 months, 1 week ago

Sam Altman’s OpenAI paid millions using cash and stock for new ChatGPT URL

Firstpost  

The backstory of chat.com is intriguing. Previously owned by Dharmesh Shah, HubSpot’s co-founder and CTO, the domain came with a hefty price tag. Although Shah never intended to use chat.com for HubSpot, he did keep the door open for a potential sale It seems Sam Altman has splurged millions on a new domain, securing chat.com for OpenAI’s ChatGPT. In 2023, …

OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT
2 months, 1 week ago

OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT

Hindustan Times  

OpenAI has bought the domain chat.com. The AI giant's CEO Sam Altman announced this on Thursday, November 7, 2024, by simply posting the URL on X without any description or reasoning. “Well, in an 8 character tweet, Sam Altman, the CEO of OpenAI revealed that they were the buyer," he wrote. “When he does sell a domain, it's almost never …

OpenAI’s GPT Store Has Left Some Developers in the Lurch
3 months ago

OpenAI’s GPT Store Has Left Some Developers in the Lurch

Wired  

When OpenAI launched its platform for custom GPTs, Josh Brent Villocido was stoked to learn that one of his creations would be featured. The ascendant AI company announced at its November 2023 developer day that it would launch a store that would host GPTs, custom skins that run on top of its proprietary ChatGPT technology. “Revenue sharing is important to …

OpenAI just secured a ton of new cash. Now it needs to wow us
3 months, 1 week ago

OpenAI just secured a ton of new cash. Now it needs to wow us

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. Here’s the deal: OpenAI, the company behind ChatGPT, just announced a $6.6 billion private funding round — the biggest in Silicon Valley history — that gives the young company a valuation of $157 billion, despite a decidedly unclear path to profitability. The list of OpenAI’s latest investors reportedly includes …

OpenAI is reportedly changing its non-profit structure for IPO next year, eyes $150 bn valuation
3 months, 4 weeks ago

OpenAI is reportedly changing its non-profit structure for IPO next year, eyes $150 bn valuation

Firstpost  

OpenAI’s journey began in 2015 as a non-profit organisation, funded by donations that totalled around $130.5 million. OpenAI is expected to raise a new round of financing through convertible notes, with its valuation potentially reaching $150 billion In recent years, OpenAI’s revenue has experienced strong growth, with reports suggesting that it doubled its annualised revenue in the first half of …

OpenAI Says ChatGPT Now Has 200 Million Weekly Active Users
4 months, 1 week ago

OpenAI Says ChatGPT Now Has 200 Million Weekly Active Users

News 18  

– AI startup OpenAI said on Thursday its chatbot ChatGPT now has more than 200 million weekly active users, double the number it had in the last fall season. ChatGPT, launched in 2022, can generate human-like responses based on user prompts and had 100 million weekly active users, OpenAI CEO Sam Altman had said in November. OpenAI said 92% of …

ChatGPT creator quits OpenAI to join arch rival AI startup Anthropic
5 months, 1 week ago

ChatGPT creator quits OpenAI to join arch rival AI startup Anthropic

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. John Schulman, who was one of the founders of OpenAI alongside Sam Altman and Elon Musk in …

Elon Musk sues OpenAI, renewing claims ChatGPT-maker put profits before 'the benefit of humanity'
5 months, 1 week ago

Elon Musk sues OpenAI, renewing claims ChatGPT-maker put profits before 'the benefit of humanity'

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk filed a …

OpenAI doubles annualised revenue to $3.4 billion, says report
7 months ago

OpenAI doubles annualised revenue to $3.4 billion, says report

Live Mint  

OpenAI is on pace for $3.4 billion of annual revenue, Chief Executive Officer Sam Altman told the company’s staff, according to a person familiar with the matter. In an all-hands meeting Wednesday, Altman said the vast majority of that revenue — about $3.2 billion — comes from OpenAI’s products and services, according to the person, who spoke on condition of …

OpenAI, Reddit teaming in deal that will bring Reddit’s content to ChatGPT
7 months, 4 weeks ago

OpenAI, Reddit teaming in deal that will bring Reddit’s content to ChatGPT

Associated Press  

OpenAI and Reddit are teaming up in a deal that will bring the social media platform’s content to ChatGPT. Reddit said in a blog post that the agreement will give OpenAI access to its data application programming interface, which provides real-time, structured, and unique content from the platform. “Reddit has become one of the internet’s largest open archives of authentic, …

OpenAI To Launch Search Rival? Here’s What Sam Altman Has To Say On His Plans
8 months ago

OpenAI To Launch Search Rival? Here’s What Sam Altman Has To Say On His Plans

News 18  

OpenAI has been widely speculated to enter the search engine segment with the help of its AI-powered search this month. The company has even confirmed its virtual briefing for May 13 where we will see new ChatGPT and GPT-4 products and may be the search engine. not gpt-5, not a search engine, but we’ve been hard at work on some …

OpenAI’s legal battles are not putting off customers—yet
10 months ago

OpenAI’s legal battles are not putting off customers—yet

Hindustan Times  

On February 29th Elon Musk added yet another problem to their list by suing the maker of ChatGPT, a wildly popular artificial intelligence chatbot, for breach of contract. OpenAI’s problems started in November, when the board ousted Sam Altman, its boss, and Greg Brockman, a co-founder, alleging that Mr Altman had not been “consistently candid in his communications”. In December …

Elon Musk sues OpenAI and CEO Sam Altman for putting profits above humanity
10 months, 2 weeks ago

Elon Musk sues OpenAI and CEO Sam Altman for putting profits above humanity

Al Jazeera  

Elon Musk is suing OpenAI and its chief executive Sam Altman, alleging the start-up betrayed its original promise of working to benefit humanity when it forged a multibillion-dollar alliance with Microsoft. The lawsuit filed in San Francisco on Thursday said Altman and OpenAI’s co-founder Greg Brockman had initially pledged to make an open-source, non-profit company, and that its pursuit of …

OpenAI is already close to $2 bn in revenue as growth skyrockets, had managed $1 bn last year
11 months ago

OpenAI is already close to $2 bn in revenue as growth skyrockets, had managed $1 bn last year

Firstpost  

OpenAI has achieved a remarkable milestone, with its annualised revenues crossing the $2 billion mark, driven primarily by the widespread adoption of its leading artificial intelligence product, ChatGPT. This exponential growth trajectory positions OpenAI alongside esteemed Silicon Valley counterparts like Google and Meta, achieving revenues of $1 billion within a decade of its inception. Despite internal disruptions in November, including …

OpenAI launches GPT Store to capitalise on ChatGPT's consumer success
1 year ago

OpenAI launches GPT Store to capitalise on ChatGPT's consumer success

The Hindu  

Artificial intelligence lab OpenAI has launched its GPT Store, a marketplace for personalised artificial intelligence applications, the company said in a blog post on Wednesday. The GPT Store is located within the popular ChatGPT chatbot, and is a place for users to discover and build GPTs, or AI customised for tasks like teaching math or designing stickers. It is OpenAI's …

OpenAI's GPT Store now LIVE: What it is and how to access? All details here
1 year ago

OpenAI's GPT Store now LIVE: What it is and how to access? All details here

India TV News  

OpenAI Launched GPT Store: OpenAI has just introduced the GPT Store, a place where users on premium plans can create, sell, and share their personalised AI models based on the company's large language models. To explore the GPT Store, users need to be subscribed to one of OpenAI's premium ChatGPT plans – ChatGPT Plus, ChatGPT Enterprise, or the newly launched …

PROFILE | Sam Altman: Back at OpenAI, but questions on initial firing and future of AI persist
1 year, 1 month ago

PROFILE | Sam Altman: Back at OpenAI, but questions on initial firing and future of AI persist

The Hindu  

Published : Nov 25, 2023 17:33 IST - 7 MINS READ On November 21, Sam Altman returned to lead OpenAI less than five days after his surprise dismissal, which kicked off a tug of war for his talent, left the company in disarray, and laid bare deep board divisions over the mission of one of the world’s most valuable startups. …

The Failed OpenAI Coup Changes Everything
55 years ago

The Failed OpenAI Coup Changes Everything

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. A sigh of relief for Microsoft: Eighteen thousand Microsoft customers use its OpenAI service on Azure, and the disintegration of OpenAI would’ve left them scrambling. After Altman’s surprise ouster last week, Microsoft had to restore order to its OpenAI partnership, and it realistically could not have hired OpenAI’s entire …

Sam Altman sacked: What's going on at ChatGPT-maker OpenAI?
1 year, 1 month ago

Sam Altman sacked: What's going on at ChatGPT-maker OpenAI?

Firstpost  

AI evangelist Sam Altman has been sacked from his CEO position at OpenAI by the company’s board. The 38-year-old’s dramatic ouster was followed by co-founder Greg Brockman’s sudden resignation and Mira Murati’s appointment as interim CEO In what comes as the most shocking news in the world of tech, AI evangelist Sam Altman has been sacked from his CEO position …

Why ChatGPT-maker OpenAI fired CEO Sam Altman? What next?
1 year, 1 month ago

Why ChatGPT-maker OpenAI fired CEO Sam Altman? What next?

Hindustan Times  

OpenAI, the company that launched ChatGPT a year ago, on Friday said it fired its CEO Sam Altman as it no longer had confidence in his ability to lead the Microsoft-backed firm. OpenAI CEO Sam Altman Altman in a post on X, formerly known as Twitter, said that he loved his time at OpenAI. The board of OpenAI - consisting …

ChatGPT creator OpenAI fires CEO Sam Altman
1 year, 1 month ago

ChatGPT creator OpenAI fires CEO Sam Altman

Hindustan Times  

OpenAI, the company that created ChatGPT a year ago, said Friday it had dismissed CEO Sam Altman as it no longer had confidence in his ability to lead the Microsoft-backed firm. Sam Altman, chief executive officer of OpenAI, Altman, 38, became a tech world sensation with the release of ChatGPT, an artificial intelligence chatbot with unprecedented capabilities, churning out human-level …

OpenAI CEO announces new version of GPT-4 Turbo, denies retaliation against Microsoft
1 year, 2 months ago

OpenAI CEO announces new version of GPT-4 Turbo, denies retaliation against Microsoft

The Hindu  

OpenAI CEO Sam Altman shared on Sunday that a new version of GPT-4 Turbo was live in ChatGPT and invited users to try out what he hoped would be an improved version. We also optimized its performance so we are able to offer GPT-4 Turbo at a 3x cheaper price for input tokens and a 2x cheaper price for output …

ChatGPT Made OpenAI a Powerhouse. Here’s What Could Undo It.
55 years ago

ChatGPT Made OpenAI a Powerhouse. Here’s What Could Undo It.

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. models are becoming commodities: OpenAI’s GPT-4 is still the best-performing large language model, but well-funded imitators are suddenly everywhere. “They’re definitely going to have to continue to push the envelope to make their products smarter and faster.” In the middle of 2023, OpenAI reportedly stopped work on a potential …

OpenAI in talks to sell shares at $86 billion valuation, report says
1 year, 2 months ago

OpenAI in talks to sell shares at $86 billion valuation, report says

The Hindu  

Microsoft-backed AI firm OpenAI is in talks to sell existing employees’ shares with potential investors at an $86 billion valuation, a report by Bloomberg stated. Last month, the Wall Street Journal reported that the ChatGPT maker was seeking to sell shares at a valuation of up to $90 billion. At $86 billion, OpenAI would become one of the world’s most …

OpenAI revenue $1.3 billion annualised rate, says report
1 year, 3 months ago

OpenAI revenue $1.3 billion annualised rate, says report

The Hindu  

Microsoft-backed AI firm OpenAI is generating revenue at a pace of $1.3 billion a year, CEO Sam Altman told company staff this week, a report by The Information revealed. This would mean that the ChatGPT-maker is making more than $100 million a month in revenue, a 30% jump from early this year when it was reported that OpenAI was projected …

OpenAI plans major updates to lure developers with lower costs: Report
1 year, 3 months ago

OpenAI plans major updates to lure developers with lower costs: Report

The Hindu  

OpenAI plans to introduce major updates for developers next month to make it cheaper and faster to build software applications based on its artificial intelligence models, as the ChatGPT maker tries to court more companies to use its technology, sources briefed on the plans told Reuters. This could theoretically slash costs for application makers by as much as 20 times, …

ChatGPT Creator OpenAI To Host First Developer Conference In November
1 year, 4 months ago

ChatGPT Creator OpenAI To Host First Developer Conference In November

ABP News  

OpenAI, the creator of viral artificial intelligence chatbot ChatGPT is set to host its first developer conference in November. OpenAI will host its first developer conference in San Francisco on November 6. Today, over 2 million developers are using GPT-4, GPT-3.5, DALL·E and Whisper for a wide range of use cases—from integrating smart assistants into existing applications to building entirely …

What OpenAI Really Wants
1 year, 4 months ago

What OpenAI Really Wants

Wired  

The world didn’t know it yet, but Altman and Musk’s research lab had begun a climb that plausibly creeps toward the summit of AGI. “I came up with the name!” But Altman and the rest of OpenAI’s brain trust had no interest in becoming part of the Muskiverse. The actual structure of the arrangement is hopelessly baroque, but basically the …

ChatGPT Creator OpenAI Set To Generate $1 Billion In Revenue In Over 12 Months: Report
1 year, 4 months ago

ChatGPT Creator OpenAI Set To Generate $1 Billion In Revenue In Over 12 Months: Report

ABP News  

OpenAI, the creator of artificial intelligence chatbot ChatGPT, is likely to generate over $1 billion in revenue in the next 12 months, says a report by The Information. Besides the viral chatbot ChatGPT, the company makes money by selling API access to its AI models for developers and enterprises directly and through a partnership with Microsoft, which invested over $10 …

OpenAI goes for Microsoft’s pie with enterprise offering
1 year, 4 months ago

OpenAI goes for Microsoft’s pie with enterprise offering

Live Mint  

NEW DELHI: OpenAI, the US-based artificial-intelligence research firm, has fired its latest salvo towards seeking to monetize its widely popular chatbot, ChatGPT, by launching ChatGPT Enterprise. {{^adFree}} {{/adFree}} “We’re launching ChatGPT Enterprise, which offers enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for processing longer inputs, advanced data analysis capabilities, customization options, and much more," OpenAI said …

OpenAI launches ChatGPT Enterprise for business, featuring enhanced security amid usership decline
1 year, 4 months ago

OpenAI launches ChatGPT Enterprise for business, featuring enhanced security amid usership decline

Live Mint  

On Monday, OpenAI announced the launch of ChatGPT Enterprise, a business-oriented iteration of its widely acclaimed artificial intelligence system. {{^adFree}} {{/adFree}} OpenAI's latest offering, ChatGPT Enterprise, will provide business users with an upgraded version of the chatbot, featuring robust security and privacy enhancements, building upon the lessons learned from its previous versions, as detailed in their recent blog post. {{^adFree}} …

ChatGPT-Creator OpenAI May Go Bankrupt By Next Year: Report
1 year, 5 months ago

ChatGPT-Creator OpenAI May Go Bankrupt By Next Year: Report

ABP News  

OpenAI, the artificial intelligence venture led by Sam Altman, is facing potential financial turbulence, according to an analysis presented by Analytics India Magazine. Comparing figures from June to July 2023, a reduction of 12 per cent in the user base was recorded, signifying a drop from 1.7 billion users to 1.5 billion users, as corroborated by SimilarWeb's data. Analytics India …

OpenAI's Future at risk: ChatGPT's costs spark bankruptcy fears by 2024
1 year, 5 months ago

OpenAI's Future at risk: ChatGPT's costs spark bankruptcy fears by 2024

India TV News  

OpenAI's financial outlook appears uncertain as reports indicate that the operation of ChatGPT costs the organization a staggering USD 700,000 per day. This has raised concerns about the company's potential bankruptcy by 2024 due to the substantial operational costs associated with ChatGPT and other contributing factors. A Decline in Userbase and Financial Struggles Analytics India Magazine highlights a decline in …

Big expense for ChatGPT could lead to bankruptcy in 2024: Here's all you need to know
1 year, 5 months ago

Big expense for ChatGPT could lead to bankruptcy in 2024: Here's all you need to know

India TV News  

OpenAI, the AI company led by Sam Altman, is reportedly facing a potential financial crisis, as indicated in a recent report by Analytics India Magazine. Data from SimilarWeb reveals that by the end of July 2023, ChatGPT's user base dropped by 12%, from 1.7 billion users in June to 1.5 billion users. Some companies, which initially discouraged their employees from …

OpenAI likely to go bankrupt by the end of 2024: Report
1 year, 5 months ago

OpenAI likely to go bankrupt by the end of 2024: Report

Live Mint  

OpenAI's ChatGPT became the fastest-growing app in history after its launch in November 2022. Now a report by Analytics India Magazine has stated that the company might go bankrupt by the end of 2024. As per the report, when OpenAI applied for a trademark on GPT, it was seen as the downfall for the company and was also predicted that …

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