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- Is ChatGPT in trouble? Costs nearing $1M per day
Is ChatGPT in trouble? Costs nearing $1M per day
+ ChatGPT for Business, AI Tutorial, Tools & More
Jason Stewart
August 16, 2023
Writer: theaihustle
3 Min Read
How are we today? Lot’s of news from ChatGPT and OpenAI again. Hope you enjoy today’s read!
TODAY’S EDITION
💰️ ChatGPT may be in trouble with soaring costs
👜 ChatGPT for business
🛠 Trending AI tools - Productivity
🐦 Tweet of the day
🎨 AI generated art of the day
📰 NEWS
OpenAI has lost $540 million since launching ChatGPT, and it costs $700,000 per day to keep the chatbot running. As a result, OpenAI could go bankrupt by 2024.
ChatGPT's user base has also declined in recent months. After a wild surge in popularity in June, ChatGPT's user base dropped by 12% in July. This is likely due to a number of factors, including the hype surrounding ChatGPT dying down, and the fact that there are now other, leaner competitors with open-source models.
OpenAI is aiming to reach $200 million in revenue this year and $1 billion in 2024, but experts are skeptical that the company will be able to achieve these goals. In addition to the financial difficulties it is facing, OpenAI is also dealing with a number of other challenges, such as GPU shortages and employees jumping ship to competitors.
Microsoft has released an open-source version of ChatGPT tailored for business use cases. Dubbed "Azure ChatGPT," it promises more control and privacy compared to the public model.
Azure ChatGPT allows companies to run ChatGPT privately on their own networks, with built-in data isolation from OpenAI. This means that businesses can be confident that their data is safe and secure, and that it is not being shared with third parties.
Azure ChatGPT also connects to internal data services and sources, so businesses can use it to automate tasks, improve productivity, and make better decisions. For example, Azure ChatGPT can be used to generate code, create reports, and answer customer questions.
In addition to the security and privacy benefits, Azure ChatGPT is also more affordable than the public version of ChatGPT. Businesses can pay for Azure ChatGPT on a per-use basis, so they only pay for the resources they need.
🛠️ TRENDING AI TOOLS
Productivity Tools
🐦️ TWEET OF THE DAY
18-in-1 Custom Instructions to Maximize Your ChatGPT Experience
I compiled my most used instructions into one. All you have to do is copy & paste them to try.
[Bookmark to try later]
- Provide accurate and factual answers
- Provide detailed explanations
- Be highly organized
-… httptwitter.com/i/web/status/1…p— Alvaro Cintas (@dr_cintas)
6:50 PM • Aug 14, 2023
🎨 AI GENERATED ART OF THE DAY
Lego Deadpool ultra sharp focus on the eye. Realistic legs, realistic paws, 4 visible legs, realistic tail. High — sharpness, facial — symmetry, depth — of — field, golden — hour, ultra — detailed photography, elegant, hyper realistic, super detailed, exquisite detail, 30 — megapixel
Vibrant Massive bioMecha garden with water flowing from the top, birds and butterflies, towering above a metropolis, designed by Erin Hanson and Jean — Baptiste Monge and Frazetta, vibrant saturated contrast
A drawing of a dog in one-line drawing, figure outline only, single line, simple, in the style of one-line, single line drawing, black line on white background, no background, clean lines, minimalistic, simple, Paul Klee style
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