Our AI writing assistant, WriteUp, can assist you in easily writing any text. Click here to experience its capabilities.

OpenAI begins piloting ChatGPT Professional, a premium version of its viral chatbot

Summary

OpenAI is piloting a premium version of its viral chatbot, ChatGPT, called ChatGPT Professional which will be monetized. OpenAI has posted a waitlist with questions about payment preferences and outlines the benefits of the new version. Despite controversy and bans, ChatGPT has proven to be a success, with over a million users and investors implementing it in their workflows. OpenAI is under pressure to turn a profit on products like ChatGPT, with Microsoft reportedly looking to invest $10 billion in order to receive a 49% stake in the company and three-quarters of its profits until its investment is recovered.

Q&As

What is the name of OpenAI's premium version of ChatGPT?
The name of OpenAI's premium version of ChatGPT is ChatGPT Professional.

What benefits will ChatGPT Professional offer?
ChatGPT Professional will offer no "blackout" windows, no throttling, and an unlimited number of messages with ChatGPT (at least 2x the regular daily limit).

How many users does ChatGPT have currently?
ChatGPT has over a million users as of early December.

What are the terms of Microsoft's rumored $10 billion investment in OpenAI?
Under the terms of the rumored $10 billion investment from Microsoft, Microsoft would receive three-quarters of OpenAI's profits until it recovers its investment, with additional investors taking 49% and OpenAI retaining the remaining 2% in equity.

What is OpenAI's corporate structure?
OpenAI has an unusual corporate structure, operating under a "capped-profit" model that limits backers' returns to 100 times their investment — or possibly less in the future.

AI Comments

👍 OpenAI is taking an innovative approach to monetizing ChatGPT and is providing a premium version with more features that users can take advantage of. It's great to see OpenAI embracing the popularity of ChatGPT and taking steps to ensure its long-term viability.

👎 It's disappointing to see OpenAI looking to make a profit on ChatGPT, as it has become a popular and beloved tool for many users. It also seems unfair that Microsoft will receive the majority of OpenAI's profits until it recovers its investment.

AI Discussion

Me: It's about OpenAI launching a premium version of its viral chatbot, ChatGPT. It's going to be called ChatGPT Professional and will offer no blackout windows, no throttling, and an unlimited number of messages.

Friend: That's pretty interesting! What are the implications of this?

Me: Well, it's a move by OpenAI to monetize its products and ensure their long-term viability. It's also a way for them to generate more profits as they are reportedly in talks for a $10 billion investment from Microsoft. This could also lead to other companies monetizing their AI-powered chatbots in order to maximize profits.

Action items

Technical terms

OpenAI
OpenAI is a research laboratory based in San Francisco, California, specializing in artificial intelligence (AI).
ChatGPT
ChatGPT is an AI-powered chatbot developed by OpenAI that can write essays, emails, poems, and computer code.
Waitlist
A waitlist is a list of people who have expressed interest in a product or service and are waiting to be contacted when it becomes available.
Throttling
Throttling is the process of limiting the amount of data that can be transferred over a network connection.
Blackout
A blackout is a period of time when a service or product is unavailable.
Memes
Memes are humorous images, videos, or pieces of text that are spread rapidly through online communities.
Microsoft Azure
Microsoft Azure is a cloud computing platform developed by Microsoft.
Semafor
Semafor is a venture capital firm based in San Francisco, California.
Capped-Profit Model
A capped-profit model is a business model in which the returns to investors are limited to a certain amount.

Similar articles

0.91862327 AI chatbots lose money every time you use them. That’s a problem.

0.9186159 AI chatbots lose money every time you use them. That’s a problem.

0.91851014 🤖 ChatGPT might be in trouble...

0.9082837 New MIT Research Shows Spectacular Increase In White Collar Productivity From ChatGPT

0.90711576 These Y Combinator-backed startups are trying to build ‘ChatGPT for X’

🗳️ Do you like the summary? Please join our survey and vote on new features!