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
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.
This is what caused spez at Reddit and Musk at Twitter to go into desperation mode and start flipping tables over. Their investors are starting to want results now, not sometime in the distant future.
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”.
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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.
This is what caused spez at Reddit and Musk at Twitter to go into desperation mode and start flipping tables over. Their investors are starting to want results now, not sometime in the distant future.
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”.