Business News Report
February 02, 2023

OpenAI Launches New ChatGPT Subscription Program for $20 a Month

In Brief

The monthly subscription plan gives users priority access to the AI chatbot during peak times.

It will also give paying users faster response times and priority access to new features and improvements.

OpenAI has launched ChatGPT Plus, a pilot subscription plan for its AI chatbot service, at $20 a month. 

The monthly subscription plan promises users general access to ChatGPT even during peak times, and will also give subscribers “faster response times” and “priority access to new features and improvements.”

The $20 monthly fee is less than half of the $42 that OpenAI wanted to charge for “ChatGPT Professional,” a program that the company was experimenting with just three weeks ago as a way to monetize its service. 

The lower fee of ChatGPT Plus could open up access to a wider user base, including students and professionals – especially those making minimum wage – who require reliable access to AI-generated information but could not justify the previous pricing of $42.

As competition heats up in the AI chatbot market this year, the $20 pricing of ChatGPT Plus could also set a benchmark for similar products launched by other companies in the future. With OpenAI being a frontrunner, other companies planning to release similar products at a higher price range would have to give users reasons for paying a premium over ChatGPT Plus.

The subscription plan is currently only available to users in the United States, with plans to expand access to more countries and regions soon. In the coming weeks, OpenAI will start inviting users who have previously signed up for the “ChatGPT Professional” waitlist to Chat GPT Plus.

OpenAI will continue to offer free access to ChatGPT. The company says that it is “actively exploring options” for different subscription tiers, including “lower-cost plans, business plans, and data packs for more availability.”

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About The Author

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

More articles
Cindy Tan
Cindy Tan

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

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