OpenAI spends about $700,000 a day, just to keep ChatGPT going. The cost does not include other AI products like GPT-4 and DALL-E2. Right now, it is pulling through only because of Microsoft's $10 billion funding
The difference is that the VC bubble has mostly ended. There isn’t “free money” to keep throwing at a problem post-pan. That’s why there’s an increased focus on Uber (and others) making a profit.
In this case, Microsoft owns 49% of OpenAI, so they’re the ones subsidizing it. They can also offer at-cost hosting and in-roads into enterprise sales. Probably a better deal at this point than VC cash.
I don’t know anything about anything, but part of me suspects that lots of good funding is still out there, it’s just being used more quietly and more scrupulously, & not being thrown at the first microdosing tech wanker with a great elevator pitch on how they’re going to make “the Tesla of dental floss”.
The difference is that the VC bubble has mostly ended. There isn’t “free money” to keep throwing at a problem post-pan. That’s why there’s an increased focus on Uber (and others) making a profit.
In this case, Microsoft owns 49% of OpenAI, so they’re the ones subsidizing it. They can also offer at-cost hosting and in-roads into enterprise sales. Probably a better deal at this point than VC cash.
I don’t know anything about anything, but part of me suspects that lots of good funding is still out there, it’s just being used more quietly and more scrupulously, & not being thrown at the first microdosing tech wanker with a great elevator pitch on how they’re going to make “the Tesla of dental floss”.