OpenAI projects US$50 billion spending on computing power this year, Brockman says

OpenAI expects to spend US$50 billion (HK$390) 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 US$30 million in 2017 to tens of billions of dollars this year, he said. 

OpenAI is targeting roughly US$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.

Reuters

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