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		<title>OpenAI Hints at ChatGPT Price Surge: Could Reach $44 by 2029</title>
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		<pubDate>Sat, 28 Sep 2024 06:32:58 +0000</pubDate>
				<category><![CDATA[Tech Trends 📡]]></category>
		<category><![CDATA[AI 🤖]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[Artificial Intelligence (AI)]]></category>
		<category><![CDATA[ChatGPT]]></category>
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		<category><![CDATA[OpenAI]]></category>
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					<description><![CDATA[OpenAI is considering a significant price hike for its popular AI chatbot, ChatGPT. The cost could rise to $22 by 2025 and $44 by 2029. This potential increase has sparked discussions about the future of AI accessibility and pricing models.]]></description>
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<p id="speakable-summary" class="wp-block-paragraph">ChatGPT could get more expensive to use in coming years.</p>
<p class="wp-block-paragraph">The New York Times, citing internal <a href="https://hub.dakidarts.com/tag/openai/">OpenAI</a> docs, <a href="https://www.nytimes.com/2024/09/27/technology/openai-chatgpt-investors-funding.html#:~:text=Roughly%2010%20million%20ChatGPT%20users,five%20years%2C%20the%20documents%20said." target="_blank" rel="noreferrer noopener nofollow">reports</a> that OpenAI is planning to raise the price of individual ChatGPT subscriptions from $20 per month to $22 per month by the end of the year. A steeper increase will come over the next five years; by 2029, OpenAI expects it’ll charge $44 per month for ChatGPT Plus.</p>
<p class="wp-block-paragraph">The aggressive moves reflect pressure on OpenAI from investors to narrow its losses. While the company’s monthly revenue reached $300 million in August, according to the New York Times, OpenAI expects to lose roughly $5 billion this year. Expenditures like staffing, office rent, and AI training infrastructure are to blame. ChatGPT alone was at one point <a href="https://www.businessinsider.com/how-much-chatgpt-costs-openai-to-run-estimate-report-2023-4" target="_blank" rel="noreferrer noopener nofollow">reportedly</a> costing OpenAI $700,000 per day.</p>
<p class="wp-block-paragraph">OpenAI could face a blowback if it increases prices too quickly. While ChatGPT has roughly 10 million paying users today, <a href="https://www.bloomberg.com/professional/insights/data/chatgpt-is-big-with-gen-z-but-they-wont-pay-for-it/" rel="nofollow noopener" target="_blank">surveys</a> suggest that many believe the current $20-per-month price is too high.</p>
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