OpenAI is reportedly telling investors that it plans to charge $22 a month to use ChatGPT before the end of the year. The company also plans to aggressively increase the monthly price over the next five years to $44.
The documents obtained by technology/openai-chatgpt-investors-funding.html” rel=”nofollow noopener” target=”_blank” data-ylk=”slk:The New York Times;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas” class=”link “> shows that OpenAI made $300 million in revenue in August and expects to make $3.7 billion in sales by the end of the year. Various expenses such as salaries, rent, and operating costs will cause the company to lose $5 billion this year.
OpenAI is reportedly circulating the documents NOW reported as part of a campaign to find new investors to prevent or reduce its financial deficit. Fortunately, OpenAI is raising money at a valuation of $150 billion, and a new investment round could raise up to $7 billion.
OpenAI is also reportedly in the midst of a . The business model allows any cap on investors' returns to be removed so that they have more room to negotiate with new investors at possibly higher rates.
