As generative AI continues to advance and reach new heights, it is becoming increasingly clear that entering the field is costly, just as we've seen with OpenAI. A new report by The Information claims that the ChatGPT maker is projected to burn through $115 billion by 2029 as it ramps up its AI efforts.
Perhaps more concerning, the report claims that the $115 billion projection is $80 billion higher than what the company previously expected. For context, the AI firm has already spent $8 billion this year, approximately $1.5 billion higher than the projection the company had highlighted earlier this year.
