
Illustration by Tag Hartman-Simkins / Futurism. Source: Chip Somodevilla / Getty Images OpenAI appears to be losing money out the wazoo. An analysis by The Register of the latest earnings report from its key partner Microsoft, released Wednesday, suggests that the ChatGPT maker lost $11.5 billion last quarter — a figure that epitomizes the dizzying spending driving the AI industry. Those losses come as OpenAI completed restructuring its for-profit arm, whi