OpenAI's business versions of ChatGPT reach 1 million paid users

investing.com 05/09/2024 - 15:06 PM

OpenAI Surpasses 1 Million Paid Users

In a report Thursday, Bloomberg stated that OpenAI has reached a significant milestone by surpassing 1 million paid users for its business versions of ChatGPT, including ChatGPT Team, ChatGPT Enterprise, and ChatGPT Edu.

The milestone signifies a growing demand for the company’s AI-powered chatbot services, despite intense competition in the market.

The increase in paid users follows the introduction of ChatGPT Enterprise, launched a year ago with enhanced features and privacy protections aimed at bolstering revenue and managing the high costs associated with AI development.

The launch of ChatGPT Team in January further expanded the company’s offerings for smaller businesses. Previously, in April, OpenAI reported having 600,000 corporate users, excluding the Edu product which launched in May.

Despite the growth, Bloomberg notes that OpenAI has not disclosed the average number of users per corporate customer or the exact number of new businesses that have recently signed up.

The corporate user base is predominantly based in the US, with significant usage reported in Germany, Japan, and the United Kingdom.

In addition to this milestone, The Information revealed on Thursday that OpenAI is considering substantial increases in subscription fees for future models.

Internal discussions explored pricing up to $2,000 per month for advanced models like Strawberry and Orion, although no final decisions have been made.

These pricing adjustments could reflect the high costs of developing and maintaining cutting-edge AI technologies and may influence broader market trends in AI subscription pricing.

The expansion of the user base highlights OpenAI’s growing influence in the AI sector and its ongoing efforts to adapt to market demands and financial pressures.




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