OpenAI is currently printing money. About 70% of the
company’s $13 billion in yearly revenue comes from regular people paying $20
per month to speak with an AI. Considering that only 5% of ChatGPT’s 800
million regular users are paying subscribers, that is quite absurd.
Despite making billions, OpenAI has also pledged to spend
more than $1 trillion over the course of the next ten years. Oracle, Nvidia,
AMD, and Broadcom have recently agreed to sell the company more than 26
gigawatts of computing capacity; this infrastructure will be far more expensive
than what is currently coming in.
To bridge this gap, OpenAI is getting creative, reports the
FT. A five-year-plan includes exploring government contracts, shopping tools,
video services, consumer hardware, and even becoming a computing supplier
itself through its Stargate data center project.
A growing number of businesses need to math to work out.
Some of America’s most valuable companies are now leaning on OpenAI to fulfill
major contracts, notes the FT; if OpenAI falters (no pressure!), it could
potentially destabilize the broader U.S. market.
According to the FT, OpenAI is using innovation to close
this gap. The five-year plan calls for investigating government contracts,
consumer hardware, video services, shopping tools, and even turning into a
computing supplier through its Stargate data centre project.
An increasing number of businesses rely on maths to
function. According to the FT, some of the most valuable companies in America
are now depending on OpenAI to complete significant contracts; if OpenAI fails
(fear not!), it may cause instability in the larger U.S. market.
See more Post