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  • btc = $118 313.00 7 278.39 (6.56 %)

  • eth = $3 006.71 231.45 (8.34 %)

  • ton = $2.97 0.10 (3.31 %)

28 Sep, 2024
1 min time to read

OpenAI is preparing to raise the price of its ChatGPT subscriptions, with the cost expected to rise from $20 to $22 per month by the end of 2023, according to internal documents cited by The New York Times.

By 2029, the subscription fee could reach $44 per month as the company seeks to address financial pressures from investors amid projected losses of approximately $5 billion this year.

Despite generating $300 million in monthly revenue as of August, OpenAI faces high operational costs, including staffing and AI infrastructure, with ChatGPT reportedly costing the company $700,000 daily. While there are currently around 10 million paying users, surveys indicate that many view the existing price as too steep.