ChatGPT and generative AI are booming, but the costs can be extraordinary

image via cnbc.com
image via cnbc.com

For a product as popular as ChatGPT — which investment firm UBS estimates to have reached 100 million monthly active users in January — Curran believes that it could have cost OpenAI $40 million to process the millions of prompts people fed into the software that month.

https://www.cnbc.com/2023/03/13/chatgpt-and-generative-ai-are-booming-but-at-a-very-expensive-price.html

Microsoft announces new multibillion-dollar investment in ChatGPT-maker OpenAI

SeongJoon Cho | Bloomberg | Getty Images

Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI.

The deal marks the third phase of the partnership between the two companies, following Microsoft’s previous investments in 2019 and 2021. Microsoft said the renewed partnership will accelerate breakthroughs in AI and help both companies commercialize advanced technologies in the future.

https://www.cnbc.com/2023/01/23/microsoft-announces-multibillion-dollar-investment-in-chatgpt-maker-openai.html

Zynga founder Pincus cashes in on acquisition after 15 years navigating boom-bust cycle

Image: via CNBC

In the 15 years since he started Zynga as a poker game for Facebook, Mark Pincus twice gave up the CEO role while guiding his gaming company through early rocket ship growth, a historically disappointing post-IPO stretch and a choppy history of pricey acquisitions.

But one thing he never did was dump the majority of his stock.

Ari Levy @levynews

https://www.cnbc.com/2022/01/11/zyngas-mark-pincus-cashes-in-after-15-years-of-boom-bust-cycle.html