# OpenAI’s ChatGPT+ Pricing and Future Prospects
OpenAI, the firm responsible for the widely-used AI language model ChatGPT, is making waves with its strategy to progressively raise the subscription price of ChatGPT+. A recent article from *The New York Times* indicates that internal memos show OpenAI plans to increase the monthly charge from the present $20 to $44 within the next five years. This pricing approach is a component of a larger scheme as the company aims to attract potential backers and strengthen its financial position.
## Current Pricing Overview
At present, ChatGPT Plus is offered at $20 monthly, granting subscribers access to enhanced models, fewer restrictions, and the capability to utilize DALL-E, OpenAI’s image creation tool. However, by the close of this year, the subscription cost is projected to rise to $22. The hike will proceed gradually, ultimately reaching $44 per month by 2029. OpenAI currently claims around 10 million ChatGPT Plus subscribers, reflecting a considerable user base that may be influenced by these price adjustments.
## Partnership with Apple
In an intriguing turn of events, Apple is anticipated to incorporate ChatGPT functionalities into Siri with the forthcoming iOS 18.2 update. While users will not be required to have an OpenAI account or a ChatGPT Plus subscription to access standard features, logging in will enable additional capabilities. This partnership underscores the increasing enthusiasm for AI innovations and their potential to enrich user experiences across different platforms.
## OpenAI’s Valuation and Funding Aspirations
The internal documents further illuminate OpenAI’s ambitious goals for funding. The company is actively aiming to secure up to $7 billion, which would place its valuation at around $150 billion. This figure represents a remarkable jump from just a year prior when OpenAI’s valuation was $30 billion, following substantial investments from Microsoft.
Despite promising revenue forecasts, OpenAI encounters obstacles. As of August, the firm reported a monthly income of $300 million, with expectations to accumulate $3.7 billion in total revenue by year’s end. Nonetheless, it is anticipated to register a loss of $5 billion after accounting for costs. A significant portion of its income—$2.7 billion—originates from ChatGPT subscriptions, while another $1 billion stems from collaborations with tech firms leveraging OpenAI’s APIs.
## Future Revenue Expectations
Looking forward, OpenAI expects its revenue to triple next year, with a projection of $11.6 billion. By 2029, when the ChatGPT+ subscription reaches its highest price of $44 monthly, the company aims to realize a staggering $100 billion in revenue. The viability of these predictions remains questionable, but they highlight OpenAI’s bold growth strategy in the competitive AI realm.
## Leadership Developments and Equity Interests
In a notable change, CEO Sam Altman is set to receive equity in OpenAI for the first time, potentially obtaining a 7% ownership stake in the firm. This stake might be valued at $10.5 billion, reflective of the company’s soaring valuation. Altman’s trajectory has been turbulent, characterized by a brief firing last November and subsequent reinstatement after employee protests. Nonetheless, the company has seen a wave of exits among senior leadership, raising concerns regarding its stability and future course.
## Conclusion
OpenAI’s strategies for ChatGPT+ pricing, alongside its ambitious revenue targets and leadership changes, create a multifaceted outlook for the company’s future. As it confronts the challenges of scaling its operations and sustaining a competitive edge, the impending price adjustments may test the loyalty of its subscriber base. For users dependent on ChatGPT, the lingering inquiry is: will the benefits provided justify the increased costs in the years ahead?
As OpenAI continues its trajectory, its effects on the AI sphere and user experiences will be closely monitored by both consumers and investors alike.
