ChatGPT In Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day

Hey there! I came across a really interesting report by SemiAnalysis that sheds some light on the financial dynamics of ChatGPT. It turns out that the daily operating cost of the system is around $700,000, which mainly comes from the immense computing power required to keep the language model going. To process queries and generate responses, ChatGPT relies on Nvidia GPUs, which can be pretty pricey and cost up to $3 per hour. Also, the system requires ample storage space to house the language model and other essential data. While the cost analysis might seem staggering, it’s a testament to the significant investment dedicated to pushing the boundaries of AI technology. As the AI landscape evolves, operational costs will remain a critical consideration, but the report also highlights the potential for future optimizations that could streamline costs without compromising performance. Overall, it’s exciting to see how AI is paving the way for a more connected and intelligent future!

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