Technology
OpenAI may raise the price of ChatGPT to $44 by 2029
ChatGPT may change into dearer in the coming years.
The New York Times, citing internal OpenAI documents, reports that OpenAI plans to increase the price of individual ChatGPT subscriptions from $20 per thirty days to $22 per thirty days by the end of the 12 months. More rapid growth will occur over the next five years; by 2029. OpenAI expects to charge $44 per thirty days for ChatGPT Plus.
The aggressive moves reflect investor pressure on OpenAI to cut losses. Although the company’s monthly revenue reached $300 million in August, OpenAI expects to lose about $5 billion this 12 months, according to the New York Times. Expenses corresponding to staff, office rent and AI training infrastructure are to blame. ChatGPT itself was around at one point apparently costs OpenAI $700,000 per day.
OpenAI could face retaliation if it raises prices too quickly. Although ChatGPT currently has roughly 10 million paying users, surveys suggest that many individuals think the current price of $20 per thirty days is just too high.