this post was submitted on 13 Aug 2023
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ChatGPT In Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day (www.firstpost.com)
submitted 1 year ago by balfrag@lemmy.world to c/technology@lemmy.world
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Repost from HN: https://news.ycombinator.com/item?id=37109394

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[–] fidodo@lemm.ee 3 points 1 year ago

Also, their biggest expenses are cloud expenses, and they use the MS cloud, so that basically means that Microsoft is getting a ton of equity in a hot startup in exchange for cloud credits which is a ridiculously good deal for MS. Zero chance MS would let them fail.