OPENAI TRAINING AND INFERENCE COSTS COULD REACH $7BN FOR 2024, AI STARTUP SET TO LOSE $5BN

Summary from the TLDR AI newsletter

OpenAI anticipated spending around $4 billion on Microsoft's Azure servers for ChatGPT inference in 2023, potentially causing significant financial losses. Although OpenAI is profiting approximately $2 billion annually from ChatGPT, it may require additional funding within a year to address a projected $5 billion shortfall. It currently utilizes the equivalent of 350,000 Nvidia A100 chip servers, mainly for ChatGPT, with discounted rates from Azure.