US media revealed: OpenAI's annual loss may reach $5 billion, with cash flow only able to support one year

China Finance Online
2024.07.27 07:35
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OpenAI may incur losses of up to $5 billion this year, with cash flow only able to support operations for one year. The company's spending on artificial intelligence training this year could reach as high as $7 billion, with personnel expenses also reaching $1.5 billion. In comparison to the massive expenditures, the company's revenue is relatively low. It is reported that OpenAI generates approximately $2 billion in revenue annually through ChatGPT, and is expected to earn nearly $1 billion in revenue through large language models. It is speculated that OpenAI's annual losses could reach as high as $5 billion, with cash flow potentially running out within the next year. Therefore, OpenAI may need to initiate a new round of financing

The US technology media "Information Network" reported on the 24th local time, citing financial data and insider information, that the American artificial intelligence giant OpenAI is burning money extremely seriously. The company's spending on artificial intelligence training this year could be as high as $7 billion, with personnel expenses reaching $1.5 billion. Compared to the huge expenditures, the company's revenue seems "meager". According to reports, currently OpenAI can generate about $2 billion in revenue annually through ChatGPT, and is also expected to generate nearly $1 billion in revenue through charging for large language models. Recent data also indicates that OpenAI's total monthly revenue is around $283 million, estimating its annual revenue to be between $3.5 billion and $4.5 billion. Therefore, the "Information Network" believes that OpenAI's annual loss could be as high as $5 billion, and its cash flow may be exhausted within the next year. In this case, OpenAI may have to initiate a new round of financing