ChatGPT could cost over $700,000 per day to operate. Microsoft is reportedly trying to make it cheaper.
That's because ChatGPT requires massive amounts of computing power to calculate responses based on user prompts.
In a phone call with Insider, Patel said it's likely even more costly to operate now, as his initial estimate is based on OpenAI's GPT-3 model.OpenAI did not immediately respond to Insider's request for comment ahead of publication. Companies using OpenAI's language models have been paying steep prices for years.
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