4 ms·
Sorta yes and no. Huge capital injections became a necessity _after_ the release of ChatGPT. Pre-ChatGPT capital costs were much lower for OpenAI, the popularit
by cco 3y ago
Sorta yes and no. Huge capital injections became a necessity _after_ the release of ChatGPT. Pre-ChatGPT capital costs were much lower for OpenAI, the popularity of their chat bot (100 WAU apparently) created an existential crisis for capital.
Before that, as a pure research organization, capital requirements were much smaller and (probably) could have chugged along without a player like MSFT, or at least a much lighter partnership.
- crop_rotation 3y agoTraining GPT3 required massive amount of compute, and not to mention paying top salary for top talent. Billions were injected even before chatgpt was anywhere near.
- cco 3y agoNot denying it took a lot of money, but the scales are different. I think they've raised $14b or so and all but 1b of that was in the last 10 months