OpenAI is expected to spend $115 billions on increasing server investment by 2029.
Jinse Finance reported, citing The Information, that OpenAI is expected to spend $115 billions by 2029 to increase investment in servers, in order to advance its artificial intelligence research and support products such as ChatGPT. Given its financial needs, an IPO may be crucial for the company.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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All three major U.S. stock indexes closed lower, with the Nasdaq down 2.04%.
All three major U.S. stock indexes closed lower, with the Nasdaq falling 2%.
The Dow Jones Index closed down 251.13 points, with both the S&P 500 and Nasdaq also declining.
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