OpenAI has overhauled the pricing strategy for its business-focused ChatGPT Enterprise platform in response to intensifying competition in the AI sector.
The company previously offered its enterprise solution at a fixed rate. Now, OpenAI has transitioned to a credit-based system, allowing clients to customize their plans by purchasing credits to access advanced tools and add features, according to a source familiar with the changes.
This new pricing model varies depending on
Additionally, as reported by The Information on Wednesday, OpenAI has begun offering discounted ChatGPT subscriptions, with r eductions ranging between 10% and 20%. However, the exact pricing for ChatGPT Enterprise remains undisclos ed.
OpenAI’s rapid growth continues to reshape the AI industry. The company has reached an annual recurring revenue of $10 billion as of June, primarily driven by the widespread adoption of ChatGPT.
Notably, OpenAI also maintains a content licensing partnership with News Corp, the parent company of Dow Jones Newswires and The Wall Street Journal.
Explore More Cutting-Edge Tech Like This – Stay ahead of the game. Visit IT Tech News for more insights on AI, data tech, and innovation shaping our future.
News Source: Businesswire.com
