OpenAI Launches Premium Version of Popular Chatbot ChatGPT

OpenAI Launches Premium Version of Popular Chatbot ChatGPT

OpenAI, the artificial intelligence research lab, has launched a premium version of its popular chatbot, ChatGPT

The premium version will cost $42 per month and offer users expanded capabilities such as faster response speeds, less finicky availability, and priority access to new features.

ChatGPT has been a huge success for OpenAI, with an estimated 75 million unique monthly users

However, the cost of running the chatbot has been significant, with estimates suggesting that OpenAI could be spending over $100,000 per day to keep it running. 

Introducing a premium version will help offset these costs and generate significant revenue for the company.

According to SimilarWeb, if just 10% of ChatGPT’s 75 million monthly users sign up for the premium subscription, OpenAI could generate $3.46 billion in revenue in the first year. 

At a margin of 60%, that would translate to $2 billion in profit for the company. 

To put this into perspective, this would be more profitable than UberSpotifyTwitter, and Airbnb made combined last year.

While the free version of ChatGPT will still be available, the premium version offers significant additional value for users who need faster response times and priority access to new features. 

In addition, for OpenAI, the premium version of ChatGPT will be a money-printing machine, generating significant revenue to fund further artificial intelligence research.

#OpenAI #ChatGPT #AI

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