May 5 (Reuters) – OpenAI expects to spend $50 billion on computing power this year, co-founder and President Greg Brockman said during his testimony in the company’s courtroom battle with Elon Musk on Tuesday.
The ChatGPT maker’s computing costs have risen from about $30 million in 2017 to tens of billions of dollars this year, he said.
How have OpenAI’s computing costs evolved since 2017?
Why is OpenAI spending $50 billion on computing power?
What is OpenAI’s long-term compute spending strategy?
What are the details of Elon Musk’s lawsuit?
OpenAI is targeting roughly $600 billion in total compute spending through 2030, a source familiar with the matter told Reuters in February.
Musk, who co-founded OpenAI, is suing the company on grounds that it improperly became a for-profit company, abandoned charitable goals and should turn back into a nonprofit.
https://finance.yahoo.com/sectors/technology/articles/openai-projects-50-billion-spending-194903868.html
