ChatGPT's fate hangs in the balance as OpenAI reportedly edges closer to bankruptcy

[kevinUsa]

according to SimilarWeb, which translates to a loss of around 200,000 users. However, these statistics only reflect the number of users visiting the ChatGPT website, leaving out APIs.

 

OpenAI's APIs have increasingly gained the interest of organizations initially opposed to the whole Artificial Intelligence idea and incorporating it into their workflows. Several LLM models are open-sourced. This way, it's possible for users to curate an experience that's specific and caters to their needs without having to incur any extra costs.

 

Additionally, OpenAI's Sam Altman has been particularly vocal in highlighting his interest and goals for ChatGPT, which differ from OpenAI's. Altman is focused on achieving AGI superintelligence, while OpenAI is leaning toward making a profit.

 

And while OpenAI continues to invest in the venture heavily, Altman has also expressed his concerns over safety measures to ensure that the tool doesn't spiral out of control. He's keen to see the government get involved and implement regulations that control how people can leverage the tool's capabilities. The FTC already launched an investigation into ChatGPT to determine whether the company has broken consumer protection laws. Given its heavy investment and extended partnership with OpenAI, Microsoft will likely be affected.

 

That said, OpenAI is actively pursuing new ways to make money from its GPT-4 LLMs. The company aims for $200 million in annual revenue in 2023, and $1 billion in 2024, which seems like a reach given the current state. The company has already seen a $540 million loss since the chatbot's inception.

 

And finally, there's an increased shortage of GPUs in the market, partly because of the rivalry between the US and China. The EU recently passed a €43 billion Chips Act designed to enhance the production of semiconductors in the region and reduce the overdependence on foreign regions to develop semiconductor chips.