Openai's Staggering Burn Rate: 115-billion By 2029

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openais staggering burn rate 115billion by 2029

The new forecast is 80-billion higher than the company previously expected, the news outlet said, without citing a source for the report.

OpenAI, which has become one of the worlds biggest renters of cloud servers, projects it will burn more than 8-billion this year, some 1.5-billion higher than its projection from earlier this year, the report said. The company did not immediately respond to a request for comment.

To control its soaring costs, OpenAI will seek to develop its own data centre server chips and facilities to power its technology, The Information said.

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