According to ChainCatcher, The Information reported that OpenAI could face a loss of up to $5 billion in 2024 and could run out of cash within 12 months.
The report said that OpenAI expects to spend $7 billion on AI training and $1.5 billion on employees, far more than its competitors. This may force the company to raise funds again within 12 months. OpenAI has completed 7 rounds of financing, totaling more than $11 billion. At the same time, the company is developing a new AI model called "Strawberry" with stronger reasoning capabilities.
OpenAI also faces a potential investigation by the U.S. Securities and Exchange Commission and questions from U.S. lawmakers about its safety standards and hiring practices.