OpenAI could face losses of up to $5 billion in 2024 and could run out of cash within 12 months.
According to the report, OpenAI expects to spend $7 billion on AI training and $1.50 billion on staff, far exceeding competitors. This could force the company to raise another round of funding within 12 months. OpenAI has completed seven rounds of financing totaling more than $11 billion. At the same time, the company is developing a new AI model called "Strawberry" with stronger reasoning capabilities.
In addition, OpenAI also faces a potential investigation by the Securities Exchange Commission, as well as questions from U.S. lawmakers about security standards and employment practices.
OpenAI may lose $5 billion this year, run out of cash in 12 months
2024-07-25 03:57:05
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