OpenAI big chip orders dwarf its revenues — for now

Share via:



OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence race, raising questions among investors about how the startup will finance these purchases.

In less than a month, the San Francisco startup behind ChatGPT has committed to acquiring a staggering 26 gigawatts of sophisticated data processors from Nvidia, AMD, and Broadcom — more than 10 million units that would consume power equivalent to 20 standard nuclear reactors.

“They will need hundreds of billions of dollars to live up to their obligations,” said Gil…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

OpenAI big chip orders dwarf its revenues — for now



OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence race, raising questions among investors about how the startup will finance these purchases.

In less than a month, the San Francisco startup behind ChatGPT has committed to acquiring a staggering 26 gigawatts of sophisticated data processors from Nvidia, AMD, and Broadcom — more than 10 million units that would consume power equivalent to 20 standard nuclear reactors.

“They will need hundreds of billions of dollars to live up to their obligations,” said Gil…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Can one state save us from AI disaster? Inside...

Follow ZDNET: Add us as a...

JPMorgan Says Javice Firms Billed Millions Just for ‘Attendance’

JPMorgan Chase is now fighting to avoid paying...

Pixel Watch and Galaxy Watch have a third-party watch...

Wear OS 6.1 hit Pixel Watch devices earlier this...

Popular