OpenAI reduces spending plan by $800 billion; company is telling investors that it is now …
ChatGPT-maker OpenAI is now telling investors that it expects to spend around $600 million on compute infrastructure by 2030. This new spending target is a sharp reduction from the $1.4 trillion figure which OpenAI CEO Sam Altman touted last year. According to a report by CNBC, the company is now offering a more defined timeline…