OpenAI CFO: Paid ChatGPT Subscriptions Make Up Most of Our Business [CNET News]
Similarweb Ltd. Ordinary Shares (SMWB)
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Source: CNET News
CFO Sarah Friar told Bloomberg TV that about 75% of the company's overall business comes from consumer subscriptions. Her remarks come as OpenAI continues to expand its enterprise business with services including ChatGPT Enterprise and ChatGPT Team. Still, its consumer base remains the main stream of revenue by offering users extra incentives. For example, its entry-level ChatGPT Plus plan , which starts at $20 per month , includes access to various AI models, along with DALL-E image generation, higher usage limits and early features. "We have been wowed at just the pace of growth, particularly on the consumer side," Friar said in the interview. "Even our enterprise businesses, they are young, but they are already doing an incredible amount of annualized revenue. We're really excited by the potential there." She added that the company has about 250 million weekly active users and is converting free customers into paying ones at a rate of 5% to 6%. In September, OpenAI revealed i
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