OpenAI reportedly told investors it plans to charge $22 per month to use ChatGPT by the end of the year. The company also plans to aggressively increase monthly fees by up to $44 over the next five years.
The documents obtained are It shows that OpenAI generated $300 million in revenue in August this year and expects sales of $3.7 billion by the end of the year. The company is expected to lose $5 billion this year due to a variety of expenses, including salaries, rent and operating costs.
OpenAI is reportedly distributing documents such as: new york times It was reported as part of efforts to find new investors to prevent or alleviate funding shortages. Fortunately, OpenAI has raised funding at a $150 billion valuation and could raise up to $7 billion in a new investment round.
OpenAI is also reportedly in the process of switching from . This business model removes caps on investor returns, giving new investors more room to negotiate higher interest rates.