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On Fri, 6 Sept, 12:06 AM UTC
7 Sources
[1]
OpenAI considers pricier subscriptions to its Chatbot AI
OpenAI is considering higher-priced subscriptions for its upcoming large language models, including the reasoning-focused Strawberry and a new flagship model called Orion. Internal discussions have suggested prices up to $2,000 per month. This comes as OpenAI's ChatGPT Plus currently costs $20 a month and has over 200 million weekly active users.OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new flagship LLM dubbed Orion, the Information reported on Thursday. In early internal talks at OpenAI, subscription prices ranging up to $2,000 per month were discussed, the report said, citing one person with direct knowledge of the numbers. OpenAI did not immediately respond to a Reuters request for comment. ChatGPT Plus currently costs $20 a month. The free tier of the model is used by hundreds of millions of users every month. Microsoft-backed OpenAI is working on a project code-named "Strawberry", with the aim to enabling AI models to perform deep research, Reuters exclusively reported earlier in July. Strawberry includes a specialized way of what is known as "post-training" OpenAI's generative AI models, or adapting the base models to hone their performance in specific ways after they have already been "trained" on reams of generalized data, the report said. The reported pricing discussions come after media reports said Apple and chip giant Nvidia were in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion. The AI startup behind the wildly popular ChatGPT application last week said the chatbot had amassed more than 200 million weekly active users, doubling from the number it had in the last fall season.
[2]
OpenAI considers pricier subscriptions to its Chatbot AI: Report
OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new flagship LLM dubbed Orion, The Information reported on Thursday. In early internal talks at OpenAI, subscription prices ranging up to $2,000 per month were discussed, the report said, citing one person with direct knowledge of the numbers. OpenAI in talks to raise funding at over $100 billion valuation: Report OpenAI did not immediately respond to a Reuters request for comment. ChatGPT Plus currently costs $20 a month. The AI startup behind the wildly popular ChatGPT application last week said the chatbot had amassed more than 200 million weekly active users, doubling from the number it had in the last fall season. The reported pricing discussions come after media reports said Apple and chip giant Nvidia were in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion. Published - September 06, 2024 10:03 am IST Read Comments
[3]
OpenAI could reportedly charge as much as $2K a month for high-end...
OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new flagship LLM dubbed Orion, the Information reported Thursday. In early internal talks at OpenAI, subscription prices ranging up to $2,000 per month were discussed, the report said, citing one person with direct knowledge of the numbers. OpenAI did not immediately respond to a Reuters request for comment. ChatGPT Plus currently costs $20 a month. The free tier of the model is used by hundreds of millions of users every month. Microsoft-backed OpenAI is working on a project code-named "Strawberry," with the aim to enabling AI models to perform deep research, Reuters exclusively reported earlier in July. Strawberry includes a specialized way of what is known as "post-training" OpenAI's generative AI models, or adapting the base models to hone their performance in specific ways after they have already been "trained" on reams of generalized data, the report said. The reported pricing discussions come after media reports said Apple and chip giant Nvidia were in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion. The AI startup behind the wildly popular ChatGPT application last week said the chatbot had amassed more than 200 million weekly active users, doubling from the number it had in the last fall season.
[4]
OpenAI hits more than 1 million paid business users
Separately, the Information reported on Thursday that OpenAI executives have discussed higher-priced subscriptions for upcoming large-language models such as its reasoning-focused Strawberry and a new flagship LLM dubbed Orion. In early internal talks at OpenAI, subscription prices ranging up to $2,000 per month were discussed, the report said, citing one person with direct knowledge of the numbers. ChatGPT Plus currently costs $20 a month. The free tier of the model is used by hundreds of millions of users every month. OpenAI, backed by Microsoft, is working on "Strawberry" with the aim to enabling AI models to perform deep research, Reuters exclusively reported earlier in July. Strawberry includes a specialized way of what is known as "post-training" OpenAI's generative AI models, or adapting the base models to hone their performance in specific ways after they have already been "trained" on reams of generalized data, the report said. The reported pricing discussions come after media reports said Apple and chip giant Nvidia were in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion. The AI startup behind the wildly popular ChatGPT application last week said the chatbot had amassed more than 200 million weekly active users, doubling from the number it had in the last fall season. (Reporting by Deborah Sophia and Zaheer Kachwala in Bengaluru; Additional reporting by Harshita Mary Varghese; Editing by Shailesh Kuber, Krishna Chandra Eluri and Maju Samuel)
[5]
Report: OpenAI Considers $2,000 Monthly Subscription Prices for New LLMs | PYMNTS.com
OpenAI executives are reportedly considering subscription prices as high as $2,000 per month for the company's upcoming large language models (LLMs) like Strawberry and Orion. The executives have discussed higher prices in early internal talks regarding these LLMs, Reuters reported Thursday (Sept. 5), citing a paywalled article by The Information that is based on an unnamed source. OpenAI did not immediately reply to PYMNTS' request for comment. The company's ChatGPT Plus currently costs $20 a month, and hundreds of millions of users access the model's free tier, according to the report. It was reported Aug. 27 that OpenAI aims to release Strawberry, its next-level artificial intelligence (AI) product, in the fall. Strawberry will be able to solve problems and tasks that are beyond the capabilities of current AI models. It will be able to solve math problems it has never encountered; perform high-level tasks like developing market strategies and solving complex word puzzles; and perform "deep research." This news comes at a time when OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. The company currently issues investors equity from its for-profit subsidiary, which is governed by its non-profit board whose "principal beneficiary is humanity, not OpenAI investors." Responding to claims about the company changing its corporate structure, OpenAI told the Financial Times: "We remain focused on building AI that benefits everyone and as we've previously shared we're working with our board to ensure that we're best positioned to succeed in our mission. The non-profit is core to our mission and will continue to exist." It has also been reported that OpenAI aims to raise "several billion dollars" in a funding round that would value it at above $100 billion. When employees sold shares in late 2023, the company was valued at $86 billion. OpenAI's ChatGPT remains the market leader in the AI space with hundreds of millions of monthly users at a time when there is fierce competition among companies offering AI tools.
[6]
OpenAI's this new model allegedly cost 2k USD
Earlier this week, discussions about OpenAI's future AI models reignited, with particular attention on the rumored "Orion" model. While much of the buzz centered around potential advancements, the standout revelation is the expected price tag: Subscriptions for Orion could reach up to $2,000 per month. Orion is rumored to be OpenAI's next flagship model, aimed at enterprise customers seeking specialized AI tools. This steep price indicates a shift in focus towards high-end business applications, offering more advanced capabilities than current models like the GPT-4 and the rumored GPT Next. With this move, OpenAI is doubling down on the enterprise sector, aiming to provide powerful AI solutions with enhanced functionality for companies willing to invest in cutting-edge technology. Orion is expected to offer specialized tools and features designed for businesses, going beyond the capabilities of existing models like GPT-4. This could include enhanced security, multi-step reasoning, and more autonomous task management, making it invaluable for companies that require advanced AI for complex operations. Running large AI models requires enormous computational resources, especially for models as advanced as Orion or the infamous Strawberry Project. The high subscription fee could help cover the significant costs of maintaining and scaling the infrastructure needed to support such powerful systems. Orion's capabilities could be highly customized for specific industries, offering unique solutions like financial modeling, market analysis, or technical simulations. Businesses would be willing to pay a premium for an AI system that can dramatically improve efficiency, productivity, or decision-making in their field. Enterprise models often come with enhanced data privacy and regulatory compliance features. This includes secure data handling, encryption, and compliance with industry standards, ensuring sensitive information is protected -- a critical selling point for large companies. At this price point, OpenAI could be offering priority support, regular updates, and exclusive access to new features. Businesses might also get the ability to train and fine-tune the model on their own proprietary data, giving them an edge in competitive industries. ChatGPT became a household name due to its accessibility and versatility, allowing users to engage with AI for everything from casual conversations to professional assistance. Its ease of use and impressive capabilities made it wildly popular, reaching millions of users worldwide. However, despite this success in the consumer market, businesses and enterprises often found themselves with limited options, relying on the same models as everyday users. While ChatGPT democratized AI access, GPT Orion could give enterprises the advanced tools they've been lacking, helping OpenAI carve out a new, more profitable niche in the corporate sector.
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OpenAI eyes higher pricing for ChatGPT -- what you need to know
Premium subscriptions for enterprises could offer advanced features OpenAI is reportedly considering higher-priced subscription tiers for ChatGPT, reflecting the growing demand for more advanced AI capabilities. According to reports from The Information, OpenAI has internally discussed prices for subscriptions that could go as high as $2,000 per month. The premium subscriptions would offer advanced features in new high-performance AI models currently in development, including "Strawberry" and "Orion." ChatGPT has a free tier and a $20/month subscription for the ChatGPT Plus plan. The paid subscription provides access to faster responses and enhanced features. However, with reportedly over 200 million weekly active users, OpenAI is seeking a better way to monetize its service. The new premium subscription options would target professionals and businesses requiring AI assistance on higher and more intricate tasks such as research, in-depth reasoning, and technical analyses, among others. Discussions like these are taking place as OpenAI continues to evolve its offerings and improve its AI models. Of the major projects driving these potential premium tiers, "Strawberry," a code name for an AI model capable of performing deep research, is at the forefront. The model is part of OpenAI's broader strategy of fine-tuning its AI once it has completed the first training phase and then adapting it to run more specialized tasks beyond generalized responses. Without a doubt, pricier subscriptions result from increasing competition in the AI space. As Google and Microsoft progressively push their AI capabilities further, OpenAI hopes to maintain its position at the top by continuing to offer more powerful tools. The move toward premium pricing could also align with new fundraising efforts, as reports suggest that OpenAI is seeking additional investment from companies like Nvidia and Apple, which could help push the company's valuation beyond $100 billion. The proposed premium tiers would be a perfect fit for organizations and professionals who are accomplishing special purposes using AI, though the existing free tiers might be enough for casual users with general queries. Advanced functionalities likely to revolutionize productivity and decision-making could make their presence a critical necessity in mainstream finance, health, and scientific research. Although the details remain minimal, this potential step by OpenAI to test high-end subscriptions marks a definitive step toward the larger-scale monetization of AI tools. As AI continues to grow in importance across industries, introducing more expensive plans could represent the future of how AI services are delivered to power users. For now, casual users can continue to enjoy the benefits of the existing free and Plus plans while OpenAI fine-tunes its future offerings to meet the needs of its more demanding clientele.
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OpenAI is considering introducing pricier subscription tiers for its ChatGPT AI chatbot, potentially charging up to $2,000 per month for advanced features. This move comes as the company experiences rapid growth in its paid user base and seeks to monetize its cutting-edge AI technology.
OpenAI, the company behind the revolutionary ChatGPT AI chatbot, is reportedly exploring the introduction of more expensive subscription tiers for its services. According to sources familiar with the matter, the company is considering plans that could see users paying up to $2,000 per month for access to advanced features and capabilities 1.
This potential pricing strategy represents a significant leap from OpenAI's current subscription model, which offers a $20 per month plan for individual users of ChatGPT Plus. The move is seen as an attempt to capitalize on the growing demand for sophisticated AI tools among businesses and high-end users 2.
The proposed high-end subscriptions are likely to cater to enterprise customers and power users who require more advanced features, increased computing power, and potentially access to newer AI models. OpenAI's strategy appears to be focused on segmenting its user base, offering tiered pricing that aligns with the varying needs and resources of different customer groups 3.
OpenAI's consideration of premium pricing tiers comes on the heels of impressive growth in its paid user base. The company recently announced that it has surpassed 1 million paid business users, a milestone that underscores the increasing adoption of AI technologies in professional settings 4.
This rapid expansion in the business sector suggests that there is a substantial market for more advanced AI tools, potentially justifying the introduction of higher-priced subscription options.
The higher subscription tiers are expected to provide access to new Large Language Models (LLMs) developed by OpenAI. These advanced models could offer improved performance, greater accuracy, and expanded capabilities compared to the current versions of ChatGPT 5.
By offering these cutting-edge models at premium prices, OpenAI aims to balance the high costs associated with developing and running sophisticated AI systems while meeting the demands of users who require state-of-the-art AI technology.
OpenAI's move to introduce higher-priced tiers could set a new benchmark in the AI industry, potentially influencing pricing strategies of competitors. It also reflects the growing maturity of the AI market, where users are increasingly willing to pay premium prices for advanced capabilities.
As the AI landscape continues to evolve, OpenAI's pricing strategy may play a crucial role in shaping the future of AI accessibility and commercialization. The success of these potential high-end subscriptions could determine how AI technologies are priced and distributed in the coming years.
Reference
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OpenAI is reportedly planning to more than double the price of its ChatGPT Plus subscription over the next five years. This move reflects the growing demand for AI services and the company's need to manage costs and infrastructure.
5 Sources
5 Sources
OpenAI introduces ChatGPT Pro, a new $200 monthly subscription tier offering unlimited access to advanced AI models, including the powerful o1 reasoning model, aimed at researchers and power users.
38 Sources
38 Sources
OpenAI CEO Sam Altman reveals that the company is losing money on its $200 monthly ChatGPT Pro subscriptions due to unexpectedly high usage, highlighting the challenges of balancing AI costs with sustainable pricing in the rapidly evolving AI industry.
10 Sources
10 Sources
OpenAI's CFO Sarah Friar discloses that 75% of the company's revenue is generated from consumer subscriptions, primarily through ChatGPT. The AI startup boasts 250 million weekly active users and is experiencing significant growth in both consumer and enterprise sectors.
6 Sources
6 Sources
OpenAI announces that its ChatGPT Enterprise service has surpassed 1 million paid business users. This milestone highlights the rapid adoption of AI technology in the corporate world and OpenAI's growing influence in the market.
12 Sources
12 Sources
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