Sunday, October 13, 2024
5.8 C
London

OpenAI Considers Raising ChatGPT Subscriptions to $2,000 Per Month

T + T – Normal size

OpenAI executives have discussed pricing subscriptions for its next large AI language models, such as Strawberry and Arion, at up to $2,000 per month, a 9,900% increase amid reports the company is headed for bankruptcy, Reuters reported earlier this month, citing an unnamed source.

The source explained that company officials discussed charging higher prices during early internal discussions regarding large language models..

According to the report, the current cost of using ChatGPT Plus, the chatbot developed by OpenAI, is $20 per month, as the company has one million subscribers, but at the same time the free model reaches hundreds of millions of users..

In late August, OpenAI said it aims to launch Strawberry, which will be able to solve problems and tasks beyond the capabilities of current AI models. It will be able to solve mathematical problems it has never encountered before and perform high-level tasks such as developing market strategies and conducting deep research..

OpenAI, the industry leader, has spent $7 billion training its models (compared to just $1.5 billion on staff) and is projecting a $5 billion loss, due to factors including hardware purchases, data center infrastructure, power and cooling, not to mention the cost of training a large language model. Based on projections, it could file for bankruptcy within the next year, though a recent round of funding from investors is likely to delay the need for drastic financial action..

Sultan Al Qasimi launches the comprehensive Arabic encyclopedia

Follow the economic statement via Google News

Email




Source link

Hot this week

Our View: Government’s economic policy driven by public pressure, not prudence

The way the government is carrying out economic...

Lewis’ late TD lifts Elks to 23-18 win, season series sweep of Stampeders – Edmonton

Eugene Lewis let his coaches know that he...

Israeli media: 35 projectiles from Lebanon towards Upper Galilee

And it was Hezbollah He said in several...

College football winners and losers: Ranking the 11 undefeated teams at the midway point of the 2024 season

Just 11 unbeaten teams remain halfway through the season.Week...

Travis Hunter exits Colorado game with apparent shoulder injury

Travis Hunter, Colorado football's two-way Heisman candidate, exited Saturday's...

Topics

Travis Hunter exits Colorado game with apparent shoulder injury

Travis Hunter, Colorado football's two-way Heisman candidate, exited Saturday's...

UK economy returns to growth in August after two months of stagnation

Britain’s economy grew in August after two consecutive...

USMNT wins Mauricio Pochettino’s debut, thanks to the star who’ll guide his reboot

AUSTIN, Texas — Mauricio Pochettino's U.S. men's national team...
spot_img

Related Articles

Popular Categories

spot_imgspot_img