Crypto News – OpenAI’s ChatGPT Sees 67% Growth in Paid Users Since April 2024
Crypto News – OpenAI has achieved a significant milestone, with its paid user base across its business segments—ChatGPT Enterprise, Team, and Edu—growing nearly 67% since April 2024. As of September 5, the number of paid users has surpassed one million. This surge in users is attributed to the chatbot’s advanced language model and its increasing adoption in various sectors.
Business Products Expansion
According to a Reuters report, OpenAI’s business products have expanded substantially, reaching one million users, up from 600,000 in April. This rapid growth underscores the increasing demand for OpenAI’s solutions in the enterprise sector.
Upcoming High-Priced Subscription Plans
OpenAI is reportedly planning to introduce higher-priced subscription plans for its forthcoming large language models, including the Strawberry and Orion AI models. The company is considering subscription fees that could reach up to $2,000 per month, reflecting the advanced capabilities of these new models.
xAI’s Emergence as a Competitor
This development follows the recent launch of xAI’s Grok-2 AI assistant, available to X users with Premium or Premium+ memberships. Despite being a new entrant in the AI space, xAI, founded by Elon Musk, has the potential to emerge as a competitor to OpenAI by the end of 2024. Musk highlighted this potential during the Viva Tech Paris 2024 conference.
OpenAI’s Valuation and Investment Interests
OpenAI’s valuation could potentially reach $100 billion, with Apple and U.S. chipmaker Nvidia reportedly interested in investing in the company’s upcoming funding round. Microsoft, which already holds a 49% stake in OpenAI, having invested $13 billion since 2019, will also participate in this funding round.
User Growth and Revenue Insights
On August 29, OpenAI announced that ChatGPT’s weekly active users have doubled over the past year, now exceeding 200 million. Despite this impressive growth, the company’s revenue remains below expectations, with annualized sales around $3.4 billion as of May 2024.
Support for AI Regulation
OpenAI has expressed support for California’s AB 3211 AI bill, which mandates watermarks in the metadata of AI-generated media. However, the company previously opposed California’s SB 1047, which proposed requiring AI developers to conduct safety testing on their models. SB 1047 was introduced by California State Senator Scott Wiener and co-authored by Senators Richard Roth, Susan Rubio, and Henry Stern.
International AI Regulation Framework
On September 5, the United States, the European Union, and the United Kingdom signed the Framework Convention on AI. This treaty is the first legally binding international agreement on AI, emphasizing the importance of human rights and democratic values in regulating AI systems. Signatories are held accountable for any harm or discrimination caused by AI, although specific penalties for violations have yet to be established.
FAQ
What recent milestone has OpenAI achieved?
OpenAI has reached one million paid users across its business segments, including ChatGPT Enterprise, Team, and Edu, marking a nearly 67% growth since April 2024.
What are OpenAI’s plans for its upcoming AI models?
OpenAI plans to introduce higher-priced subscription plans for its upcoming large language models, such as Strawberry and Orion, with potential costs reaching up to $2,000 per month.
What recent developments have occurred with xAI?
xAI, founded by Elon Musk, launched the Grok-2 AI assistant, available for X Premium and Premium+ members. Musk hinted that xAI could become a competitor to OpenAI by the end of 2024.
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