OpenAI exec says company hopes to burn $50B of somebody else's money on compute this year

An executive for ChatGPT maker OpenAI said in court testimony on Tuesday that the AI model developer expects to burn $50 billion on computing power before the end of the year. Cofounder and president Greg Brockman threw out the number, which was previously reported by Bloomberg, during OpenAI's closely watched legal battle with hype-fiend Elon Musk. If it wasn't obvious, that would be $50 billion of someone else's money.