OpenAI plans to increase the price of ChatGPT subscriptions from $20 to $22 by year’s end, eventually reaching $44 per month by 2029 due to financial pressures.
Despite generating $300 million in monthly revenue, OpenAI expects to lose around $5 billion this year, significantly influenced by expenses related to staffing and infrastructure.
The company might face backlash for raising prices significantly, as many current users already feel that the $20-per-month subscription is too high.
ChatGPT, at times, was costing OpenAI approximately $700,000 daily, underscoring the financial pressures that prompt these price increases.
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