May 5 (Reuters) – OpenAI expects to spend $50 billion on computing power this year, co-founder and President Greg Brockman said during his testimony in the company’s courtroom battle with Elon Musk on Tuesday. The ChatGPT maker’s computing costs have risen from about $30 million in 2017 to tens of billions of dollars this year, […]
Science
OpenAI projects $50 billion spending on computing power this year, Brockman says
Audio By Carbonatix
May 5 (Reuters) – OpenAI expects to spend $50 billion on computing power this year, co-founder and President Greg Brockman said during his testimony in the company’s courtroom battle with Elon Musk on Tuesday.
The ChatGPT maker’s computing costs have risen from about $30 million in 2017 to tens of billions of dollars this year, he said.
OpenAI is targeting roughly $600 billion in total compute spending through 2030, a source familiar with the matter told Reuters in February.
Musk, who co-founded OpenAI, is suing the company on grounds that it improperly became a for-profit company, abandoned charitable goals and should turn back into a nonprofit.
(Reporting by Anhata Rooprai in Bengaluru; Editing by Sriraj Kalluvila)