OpenAI reportedly plans to increase ChatGPT's price to $44 within five years

OpenAI plans to introduce a subscription fee of $22 per month for ChatGPT by the end of the year, with a potential hike to $44 in the next five years. Despite generating $300 million in revenue in August and projecting $3.7 billion for the year, OpenAI anticipates a $5 billion loss due to high operational costs. To mitigate this financial shortfall, the company is seeking new investors and transitioning to a for-profit model, which could enable unlimited returns for investors. Learn more about OpenAI's financial strategy and future plans. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Engadget