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🚨 OpenAI is losing money on its pricey ChatGPT Pro plan, CEO Sam Altman says
OpenAI CEO Sam Altman revealed that the company is currently losing money on its $200-per-month ChatGPT Pro plan due to higher-than-expected usage. Despite raising around $20 billion since its inception, OpenAI is not profitable, projecting losses of about $5 billion against $3.7 billion in revenue for the previous year. Operational costs, including staffing and AI training, contribute to these losses, with expenses for ChatGPT reaching approximately $700,000 daily.
As OpenAI seeks to attract new investments through corporate restructuring, it may consider increasing subscription prices to achieve profitability. The company optimistically projects its revenue could reach $100 billion by 2029.
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