OpenAI CEO Sam Altman says that the corporate is at present dropping cash on its $200-per-month ChatGPT Professional plan as a result of persons are utilizing it greater than anticipated
“I personally selected the worth,” Altman wrote in a sequence of posts on X, “and thought we might make some cash.”
OpenAI launched ChatGPT Professional towards the top of final yr. Along with granting entry to an upgraded model of OpenAI’s o1 “reasoning” AI mannequin, o1 professional mode, ChatGPT Professional lifts fee limits on a number of of the corporate’s different instruments, together with its Sora video generator.
OpenAI isn’t worthwhile, regardless of having raised round $20 billion since its founding. The corporate reportedly anticipated about $5 billion in losses on $3.7 billion in income final yr.
Expenditures like staffing, workplace hire, and AI coaching infrastructure are accountable. ChatGPT was at one level costing OpenAI an estimated $700,000 per day.
Not too long ago, OpenAI admitted it wants “extra capital than it imagined” because it prepares to endure a company restructuring to draw new investments. To achieve profitability, OpenAI is stated to be contemplating rising the worth of its varied subscription tiers; the corporate optimistically initiatives its income will attain $100 billion in 2029, matching the present annual gross sales of Nestlé.