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ChatGPT's fate hangs in the balance as OpenAI reportedly edges closer to bankruptcy
OpenAI's AI-powered chatbot is running on fumes.
![ChatGPT's fate hangs in the balance as OpenAI reportedly edges closer to bankruptcy](https://lemmy.ml/pictrs/image/9f5e1cfd-dcb9-44b9-82ad-8bb711b02dc9.jpeg?format=webp&thumbnail=256)
> Investors are barely breaking even as the venture is hardly making any profits due to a shortage of chips, divided interests, and more.
> ... OpenAI has already seen a $540 million loss since debuting ChatGPT.
> ... OpenAI uses approximately 700,000 dollars to run the tool daily.
--- ⚠️ First off, apologies as I didn't cross check. Take it w/ a grain of salt.
--- This piece of news, if true, somehow explains why OpenAI has been coming up w/ weird schemes for making $$$ like entering the content moderation space.
On a similar note, I wonder if this had been a key driver (behind the scenes) in the recent investment in open source AI initiatives (Haidra comes to my mind?) Perhaps some corporations who haven't got enough $$$ to fund their own dedicated research group are looking to benefit from an open source model?