OPENAI says that spending to increase to $ 115 billion until 2029: information
OPENAI Inc. told investors that it projects its expenses until 2029 could reach $ 115 billion, about $ 80 billion more than expected, the information said, without providing details on how and the shareholders were informed.
OPENAI is developing its own chips and installations of data center server to stimulate technologies, in order to control the rental expenses of cloud server, according to the report.
The company predicted that it could spend more than $ 8 billion this year, about 1.5 billion dollars more than previous projection, according to information.
Another factor influencing the increased need for capital is calculation costs, on which the company plans to spend more than $ 150 billion from 2025 to 2030.
The cost of developing AI models is also higher than previously expected, according to information.
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