🧠 Watchlist Winners: Copy Legendary Investors' Portfolios in One ClickCOPY FOR FREE

OpenAI hits more than 1 million paid business users

Published 06/09/2024, 12:19 am
Updated 06/09/2024, 04:52 am
© Reuters. FILE PHOTO: OpenAI logo is seen in this illustration taken, March 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -OpenAI said on Thursday it has more than 1 million paying users across its business products, ChatGPT Enterprise, Team and Edu, as the AI firm's chatbot continues to see strong adoption owing to its advanced large language model.

The figure is a rise from the 600,000 users it had in April, indicating that CEO Sam Altman's push to get enterprises to adopt ChatGPT for corporate use is paying off.

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 (NASDAQ:MSFT), 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.

© Reuters. FILE PHOTO: OpenAI logo is seen in this illustration taken, March 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

The reported pricing discussions come after media reports said Apple (NASDAQ:AAPL) 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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.