OpenAI plans to raise ChatGPT Plus subscription prices by $2 by year-end

OpenAI plans to increase the subscription price for ChatGPT Plus users by $2 per month by the end of 2024. This would raise the cost from $20 to $22 monthly. The company aims to raise the subscription price to $44 per month by 2029. This increase is part of OpenAI's goal to generate $100 billion in revenue by that year. OpenAI currently has about 10 million ChatGPT Plus users. The company is facing significant operational costs, including losses of around $5 billion this year, mainly due to AI services and cloud computing expenses.