OpenAI is losing money because of ChatGPT Pro plan: Sam Altman

OpenAI CEO Sam Altman said that the AI company is losing money on its $200 ChatGPT Pro plan as people are using it more than expected.

“Insane thing: we are currently losing money on OpenAI Pro subscriptions! People use it much more than we expected,” Sam Altman wrote on X.

OpenAI CEO said that he personally chose the price for the ChatGPT Pro plan, which is $200 (Rs 17,145) per month. “No, I personally chose the price and thought we would make some money,” he wrote.

ChatGPT Pro was launched in 2024 and it offers users unlimited access to OpenAI o1, o1-mini, GPT-4o, and Advanced Voice. The plan also includes access to o1 pro mode, which the AI company said isa version of o1 that uses more compute to think harder and provide even better answers to the hardest problems.

OpenAI raised around $20 billion since its founding, but it still isn’t profitable. Last year, the company reportedly expected losses of $5 billion even though it made a revenue of $3.7 billion. Recently, OpenAI said that it needs more capital than imagined and added that it’s moving toward a new for-profit structure this year. OpenAI is also considering increasing the price of its various plans.