OpenAI’s staggering burn rate: $115-billion by 2029
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OpenAI has dramatically increased its projected spending to $115 billion through 2029, up $80 billion from previous estimates, as it scales infrastructure for ChatGPT and AI services. The company plans to develop custom chips with Broadcom and build its own data centers to control soaring cloud computing costs, with annual burn rates expected to reach $45 billion by 2028.
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