ChatGPT monetized version will be called ChatGPT Professional
The AI research organization OpenAI has announced that it will soon begin monetizing its ChatGPT platform after receiving a massive response to its AI chatbot that is capable of writing poems, essays, emails, and even codes.
The Microsoft-owned company said it is “starting to think about how to monetize ChatGPT” as a way to “ensure long-term viability.”
“Working on a professional version of ChatGPT; will offer higher limits and faster performance,” said Greg Brockman, President, and Co-Founder, OpenAI.
The monetized version of ChatGPT will be called ChatGPT Professional.
As of the most recent count, ChatGPT had more than a million users. ChatGPT Professional will never go offline (there will be no blackout windows), you will receive prompt responses from ChatGPT (there will be no throttling), and you will be able to send an unlimited number of messages (at least 2X regular daily limit).
“If you are selected, we’ll reach out to you to set up a payment process and a pilot. “Please keep in mind that this is an early experimental program that is subject to change, and we are not making paid pro access generally available at this time,” said the company.
While this was going on, rumors began to circulate that Microsoft intended to invest $10 billion into OpenAI, which would put the firm’s worth at close to $29 billion. According to a report by the news portal Semafor, which cited individuals with knowledge of the situation, it is still unknown whether or not the deal has been finalized, but “documents sent to prospective investors in recent weeks outlining its terms indicated a targeted close by the end of 2022.”
Microsoft’s $10 billion investment will see it get 75 percent of OpenAI’s profits “until it recoups its investment,” the report mentioned.
In 2019, the tech giant made an investment of one billion dollars in OpenAI. ChatGPT asked users to provide comments and gain insight into the platform’s strong and weak points after it was made available to the general public one month ago.
