OpenAI Plans Higher Subscription Prices for ChatGPT Services

Web DeskSeptember 6, 2024 02:46 AMtech
  • OpenAI surpasses 1 million paying users.
  • New subscription plans may reach $2,000 monthly.
  • ChatGPT's popularity continues to grow rapidly.
OpenAI Plans Higher Subscription Prices for ChatGPT ServicesImage Credits: channelnewsasia
OpenAI considers higher subscription prices for ChatGPT, reflecting its rapid growth and increasing demand for advanced AI solutions.

OpenAI, the company behind the popular ChatGPT, has recently announced that it now boasts over 1 million paying users across its various business products, including ChatGPT Enterprise, Team, and Edu. This impressive growth, up from 600,000 users in April, highlights the increasing adoption of its advanced large language model, which has been embraced by many enterprises for corporate use. CEO Sam Altman's efforts to promote ChatGPT in the business sector appear to be yielding significant results.

In a separate report, it was revealed that OpenAI executives are considering introducing higher-priced subscription plans for their upcoming large-language models, including a reasoning-focused model named 'Strawberry' and a new flagship model called 'Orion.' Internal discussions have suggested that subscription prices could reach as high as $2,000 per month, a notable increase from the current ChatGPT Plus subscription, which is priced at $20 per month. The free version of ChatGPT remains widely popular, with hundreds of millions of users accessing it each month.

OpenAI, which is backed by tech giant Microsoft, is actively developing 'Strawberry' to enhance the capabilities of AI models in conducting deep research. This model will utilize a specialized approach known as 'post-training,' which allows the base models to be fine-tuned for specific tasks after they have been initially trained on vast amounts of general data.

The discussions regarding potential price increases come in the wake of reports that major companies like Apple and Nvidia are considering investing in OpenAI. This new fundraising round could potentially value the company at over $100 billion, reflecting the immense interest in AI technologies.

Last week, OpenAI also announced that ChatGPT has reached over 200 million weekly active users, doubling its user base since last fall. This rapid growth underscores the chatbot's popularity and the increasing reliance on AI tools in everyday life.

As OpenAI continues to innovate and expand its offerings, it is clear that the demand for advanced AI solutions is on the rise. The potential introduction of higher-priced subscriptions may reflect the company's commitment to providing even more powerful tools for businesses and researchers alike. For users, this could mean access to cutting-edge technology that enhances productivity and creativity, making it an exciting time to be involved in the world of artificial intelligence.

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