OpenAI Issues 'Code Red'
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An internal memo to OpenAI workers from CEO Sam Altman reviewed by multiple publications shows the company is feeling squeezed.
OpenAI has made huge spending commitments totaling more than $1 trillion. Those include a $300 billion cloud-computing deal with Oracle and a $250 billion arrangement with Microsoft. OpenAI is valued at around $500 billion and expects to reach over $20 billion in annualized revenue this year.
A company turns a dial on a product used by millions and destabilizes their minds. That is essentially what happened at OpenAI this year.
ChatGPT launched as a fairly unknown “research preview” back in 2022, and today it’s the most popular chatbot on the planet, answering around 29,000 messages per second. According to OpenAI, 800 million people a week use it for everything from planning their next road trip to picking out the ripest produce in a grocery store.
OpenAI is now internally testing 'ads' inside ChatGPT that could redefine the web economy. Up until now, the ChatGPT experience has been completely free. While there are premium plans and models, you don't see GPT sell you products or show ads.