OpenAI Business User Base Surpasses 1 Million, Grows 67% Since April

The OpenAI business segment, which includes the ChatGPT Enterprise, Team and Edu products, has increased its paid user base by nearly 67% since April, surpassing one million users as of September 5.

The San Francisco-based AI company’s chatbot continues to gain popularity thanks to its sophisticated language model capabilities.

A Reuters report highlights that OpenAI’s business user base has grown from 600,000 in April to over one million. The company also reportedly plans to introduce higher-priced subscription tiers for its upcoming language models, such as the Strawberry and Orion AI models. These premium plans could cost up to $2,000 per month.

This news follows the release of xAI’s Grok-2 AI assistant, which became available to X users with a Premium or Premium+ membership. Although launching in July 2023, xAI could become a competitive force against OpenAI by the end of 2024, according to Elon Musk.

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OpenAI’s valuation is expected to approach $100 billion, as Apple and Nvidia are reportedly interested in investing in the next round of funding. Microsoft, which has already invested $13 billion since 2019 and owns a 49% stake, is also expected to participate.

As of August 29, OpenAI revealed that ChatGPT’s weekly active users have doubled in the past year and now exceed 200 million. Despite this growth, however, the company’s revenue is currently below expectations, with annual sales estimated at $3.4 billion as of May 2024.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.