OpenAI CEO Sam Altman said Sunday that the company it is currently losing money on its ChatGPT Pro program which costs the end user $200 per month because people are using it more than the company expected.
"I personally chose her priceAltman wrote in a series of posts on X, "and I thought we'd make some money."
ChatGPT Pro, released late last year, provides access in an upgraded version of the model artificialOpenAI's o1 reasoning AI model, o1 pro mode, and removes rate limits on many of the company's other tools, including the Sora video generator.
OpenAI does not appear to be a profitable company, despite having raised around $20 billionmillions dollars since its founding. The company reportedly expected losses of about $5 billion on revenue of $3,7 billion last year.
Costs such as staffing, office rent and AI training infrastructure account for all of this. ChatGPT was once costing OpenAI around $700.000 per day.
OpenAI recently admitted it needs “more capital than it thought” as it prepares to undergo a corporate restructuring to attract new investment.
To reach profitability, OpenAI is said to be considering the possibility of increasing the price of its various subscriptions.
