Why OpenAI Needs So Much Money
Briefly

OpenAI's burning through its raised funds highlights the urgent need for significant capital influx, as its projected expenses are expected to reach $37.5 billion annually by 2029.
The shift in technology creation processes shows that while past methods required step-by-step development, modern A.I. development prioritizes large-scale data ingestion as a means of enhancing capability.
To maintain and improve its A.I. systems, OpenAI relies heavily on vast data while drawing from expensive computing resources, indicating a new paradigm in tech investment.
The evolution of OpenAI's corporate structure reflects its financial realities, moving from a nonprofit to a for-profit entity to appeal to investors and secure necessary funds.
Read at www.nytimes.com
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