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OpenAI expects business to burn $115 billion through 2029, The Information reports
OpenAI has sharply raised its projected cash burn through 2029 to $115 billion as it ramps up spending to power the artificial intelligence behind its popular ChatGPT chatbot, The Information reported ... Read More
OpenAI Says Its Business Will Burn $115 Billion Through 2029
OpenAI recently had both good news and bad news for shareholders. Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago. The bad news? The ... Read More
OpenAI forecasts massive $115 billion cash burn by 2029
The company's revised forecast highlights just how quickly the costs of building and operating advanced AI systems are growing, according to The Information. OpenAI now expects ... Read More
The $115 Billion Reason OpenAI Will Raise More Money
Last week, I reported on how OpenAI updated its financial forecasts for investors. The company expects to spend nearly $115 billion between 2025 and 2029. That’s $80 billion more than it forecast in ... Read More
Burn rate to the moon — OpenAI bets big on AI chips and cloud muscle
Investor pressure, Microsoft tensions, and AGI ambitions collide as OpenAI ramps up its most expensive bet yet ... Read More
OpenAI To Burn $115 Billion–That’s All?
Tech media site The Information says OpenAI, arguably the global AI leader, will burn through $115 billion by 2029. It also stated that the figure is up from $80, when the previous numbers were ... Read More
OpenAI says spending to rise to $115 billion through 2029: Information
OpenAI Inc. plans to increase spending to $115 billion by 2029, driven by data center investments and rising computing costs. Read More
OpenAI forecasts $115 billion business spend on AI rollout by 2029
OpenAI is expected to burn around $115 billion from 2025 to 2029 in a bid to ramp up its spending to power the AI behind ChatGPT. Read More
OpenAI Faces $115 Billion Cash Burn by 2029
OpenAI is projected to incur a $115 billion cash burn by 2029, $80 billion more than earlier estimates. This report highlights the financial challenges faced by the ChatGPT creator as it navigates ... Read More
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