Playlist

Sam Altman Proposed Paying for AI Like a Utility Service

22 Mar. 08:00

Source

OpenAI CEO Sam Altman has suggested a fundamental shift in how users pay for artificial intelligence, proposing a model similar to traditional utility billing. Speaking at the "BlackRock Infrastructure Summit" in Washington, Altman explained that users should pay based on their actual consumption of AI resources, much like how households pay for water or electricity usage.

This proposal arises as AI companies face astronomical operational costs and uncertain long-term profitability. According to recent reports, OpenAI could face losses of approximately $14 billion in 2026, with a risk of a financial crisis by mid-2027 if current spending patterns continue. The costs for infrastructure, research and development, and highly specialized staff are immense, reaching billions of dollars annually.

While ChatGPT generates nearly $13 billion in yearly revenue, the expenses associated with maintaining its complex infrastructure remain a major challenge. The industry is currently struggling with a shortage of computing power and high-quality training data. Moving to a "pay-as-you-go" system could allow OpenAI to more effectively manage its resources and stabilize its financial outlook.

Altman emphasized that the demand for AI is growing at an unprecedented rate, which could lead to price hikes or limited availability due to resource constraints. While the proposed utility-style model might be cost-effective for occasional users, it could potentially lead to higher costs for power users and businesses that rely heavily on AI for their daily operations. Nevertheless, this approach marks a significant step toward treating AI as a fundamental digital utility for the future.

















Ministry of Education of Turkmenistan and PETRONAS Sign New Memorandum

23 Aug. 14:31

Source

The Ministry of Education of Turkmenistan and PETRONAS Carigali (Turkmenistan) Sdn. Bhd. signed a Memorandum of Understanding to advance cooperation in education and vocational training. The signing meeting involved Minister of Education J. Gurbangeldiyev, Malaysian Ambassador Mohd Suhaimi bin Ahmad Tajuddin, and PETRONAS Carigali (Turkmenistan) CEO Ismadi bin Ismail.

The agreement coincides with the 30th anniversary of PETRONAS's operations in Turkmenistan's oil and gas sector. Discussions focused on qualifying skilled workforce candidates for the energy industry, extending scholarship opportunities for Turkmen students at Universiti Teknologi PETRONAS, and advancing professional development programs.

To date, Turkmenistan and Malaysia have established nearly 20 educational agreements. During the recent visit of the Prime Minister of Malaysia to Turkmenistan, three additional agreements were finalized between local universities and Universiti Tenaga Nasional to support academic mobility and exchange initiatives.