But executives remained fairly cryptic about its AI spending in the company’s second-quarter earnings call last week.
Executives haven’t provided any hard numbers on the company’s AI investments but continued to emphasize that its AI ambitions will produce long-term returns. For now, what we do know is Google spent $3 billion to build and expand its data centers, and $60 million to train AI on Reddit posts.
OpenAI
OpenAI’s operating costs may be as high as $8.5 billion this year, by the end of the year and ramp up its in May that xAI was in discussions with Oracle about a $10 billion investment to rent cloud servers.