Home News OpenAI to double losses to $540 million in 2022 due to high development ChatGPT and labor costs

OpenAI to double losses to $540 million in 2022 due to high development ChatGPT and labor costs

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OpenAI to double losses to $540 million in 2022 due to high development ChatGPT and labor costs

According to foreign media reports, three people familiar with OpenAI’s financial situation revealed that as OpenAI developed a chat robot ChatGPT last year and poached key employees from Google, the company’s losses last year roughly doubled to reach 540 million U.S. dollars.


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OpenAI is a company co-founded in 2015 by Silicon Valley technology tycoons such as Tesla CEO Elon Musk, U.S. startup incubator Y Combinator President Altman, and global online payment platform PayPal co-founder Peter Thiel. American artificial intelligence research company, focusing on the application of artificial intelligence (AI) technology, is famous for artificial intelligence programs such as ChatGPT and image generator Dall-E 2.

ChatGPT is a new AI chat robot tool launched by OpenAI on November 30, 2022, which can quickly generate articles, stories, lyrics, prose, jokes, and even codes according to user requirements, and answer various questions.

There is no doubt that large AI language models are an expensive business, but just how expensive it is to build them is unclear.

At the same time, foreign media said that part of the cost of OpenAI also comes from hiring professionals from well-known companies such as Apple and Google.

Previously, in March of this year, OpenAI poached artificial intelligence researcher Jacob Devlin (Jacob Devlin) from Google. Devlin had tried to warn Google not to use ChatGPT data to train its AI chatbot Bard because it violated OpenAI’s terms of service and because Bard’s answers looked too similar to ChatGPT’s answers.