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OpenAI lost $540 million in 2022 to launch ChatGPT

According to a report by The Information, the OpenAi company has suffered a loss of $540 million in 2022, largely due to the tuning of ChatGpt. The finalization of artificial intelligence required large investments. Let's find out more details about the news.

OpenAI's effort to launch ChatGPT

The company, which received a $10 billion investment from Microsoft earlier this year, has spent a considerable amount on data processing costs for its language models, such as LLMs, that power the operation of ChatGpt.

Expert analysis states that ChatGpt alone costs approx 700 thousand dollars a day to OpenAi. To try to meet the expenses, OpenAi has launched the paid ChatGpt Plus fee, but according to The Information, the 20 dollars a month requested will not be enough to repay the debt. This is because "the more customers use ChatGpt, the more the company will need to make the algorithms better and faster", as reported by the site.

openai chat gpt

However, OpenAi CEO Sam Altman said he aims to raise an additional $100 billion in funding over the next few years by spurring interest in artificial intelligence. He aims at the creation of a new generation of ChatGpt, with the aim of developing a General Artificial Intelligence (Agi), or a model capable of interacting in a completely indistinguishable way from human interaction.

Meanwhile, Google, a direct competitor to OpenAi, is working on AI software called Bard, which will require a much higher expense than the current one for web research.

ChatGPT is back in Italy

In the meantime, ChatGPT has been back in Italy for about a week. The Privacy Guarantor has given his approval to the return of artificial intelligence, which is now also accessible from our country.

The signs had already been there in April, but in the end a conclusion was reached that made both parties happy.

Edoardo D'Amato
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