OpenAI’s ChatGPT for Enterprise Gains Impressive Traction: What We Know So Far

Srishti Dey
Srishti Dey January 17, 2024
Updated 2024/01/17 at 9:47 AM

Unlocking the promise of AI in the business sector, OpenAI has shown the success of its ChatGPT for Enterprise subscription tier. In a recent announcement, the firm revealed significant details, demonstrating a strong adoption of their massive language model-powered chatbots by organizations. Let’s look at the figures and consider what this means for the future of AI in corporate solutions.

Impressive Adoption Figures.

ChatGPT for Enterprise has gained significant popularity since its introduction in August 2023, with over 260 company clients and an amazing user base of over 150,000 persons. This information, shared in an interview with OpenAI’s COO Brad Lightcap, provides insight on the AI-powered solution’s extensive popularity across businesses and nations.

Revenue Insights and Pricing Speculation

While pricing information for ChatGPT for Enterprise is not publicly available, one Reddit user estimated a charge of $60 per seat. Extrapolating from 150,000 users, this implies a significant monthly revenue of $9 million, or an annualized amount of $108 million. Although a significant contribution, it is a small portion of OpenAI’s stated total yearly revenue of $1.6 billion.

Corporate Clients and Confidence

OpenAI presented a select list of companies who use ChatGPT for Enterprise, which includes Block, Canva, Carlyle, The Estée Lauder Companies, PwC, and Zapier. The disclosure of these clients and their numbers demonstrates the rising demand for OpenAI’s language model-powered chatbots in the business sector. Despite worries about the issues that AI presents, enterprises appear keen to use OpenAI’s technologies.

OpenAI’s Stand Against Open-Source Alternatives

Despite the advent of attractive open-source competitors such as Meta’s Llama 2 and Mistral’s Mixtral, OpenAI’s performance demonstrates a preference for a more integrated and supported solution. OpenAI’s ease of integration, support, and debugging, together with Microsoft’s backing, make it an appealing choice for corporations, despite the presence of competitive open-source alternatives.

 Evolution of ChatGPT Team Tier.

OpenAI’s deliberate move to create the ChatGPT Team tier, which costs $30 per user per month, strengthens its position in the business AI industry. While ChatGPT Enterprise continues to grow with limitless messaging capabilities, the new Team tier, giving a more economical but significantly limited alternative, opens opportunities for small-to-medium-sized organizations, increasing OpenAI’s reach.

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