OpenAI could be on the brink of collapse with projected losses totaling $5 billion, according to analysis conducted by The Information that drew on previously undisclosed financial information.
This means the AI trailblazer could be on track to go bankrupt within the next 12 months, with details from the report putting OpenAI way out ahead in spending compared to counterparts in the generative AI space.
Its training and inference costs could reach as high as $7 billion this year, with an additional $1.5 billion in spending on staff (via X). This is in stark contrast with Anthropic, which has been projected to spend $2.7 billion.
OpenAI’s spending has been a recurring talking point over the last 18 months, with industry analysis…
