OpenAI’s ChatGPT losing traction could lead to bankruptcy by 2024

  • OpenAI’s ChatGPT sees a user decrease, with two consecutive drops in traffic during June and July.
  • Running ChatGPT costs OpenAI an estimated $700,000/day; without profits, this may cause financial distress.
  • Despite challenges and increased competition, OpenAI continues advancements and seeks additional funding to evade predicted bankruptcy.
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