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OpenAI announces plan to transform into a for-profit company
(www.theverge.com)
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this post was submitted on 27 Dec 2024
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How fast are they burning money right now?
Based on their funding rounds, $10 billion lasts about 18 months.
So about $555 million per month.
They don't care if they earn money the next 5-7 years.
And they will hit the point of a great model doing human work for less than a monthly salary. It's just a matter of time.
I'd rather say that it's a matter of exponentially increasing funding and computing power.