By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News.ngNews.ng
  • Home
  • World
  • Business
  • Entertainment
  • Politics
  • Sports
Search

Archives

  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022

Categories

  • Business
  • Celebrities
  • Crypto News
  • Education
  • Entertainment
  • Finance
  • Health
  • Lifestyle
  • News
  • Politics
  • Sponsored
  • Sports
  • Tech
  • Technology
  • Video
  • World
© 2022 News Network. All Rights Reserved.
Reading: OpenAI targets $100B valuation as business user base tops 1 million
Share
Notification Show More
Latest News
Salah’s Future in Doubt as Breakdown With Arne Slot Reaches Breaking Point
Salah’s Future in Doubt as Breakdown With Arne Slot Reaches Breaking Point
Sports News
Villa Shock Arsenal, Man City Cruise Past Sunderland in Weekend Premier League Action
Villa Shock Arsenal, Man City Cruise Past Sunderland in Weekend Premier League Action
Sports News
US Tech Firms Exposed as North Korean Operatives Pose as Remote Developers
US Tech Firms Exposed as North Korean Operatives Pose as Remote Developers
Crypto News News
NGX Market Cap Surpasses ₦84 Trillion as Investors Eye Earnings
361.6m Shares Traded as NGX Wraps Up Friday on a High
Finance News
Africa Braces for Fierce Battles After 2026 World Cup Group Draw
Africa Braces for Fierce Battles After 2026 World Cup Group Draw
Sports News
Aa
News.ngNews.ng
Aa
  • Home
  • World
  • Business
  • Entertainment
  • Politics
  • Sports
Search
  • Home
  • World
  • Business
  • Entertainment
  • Politics
  • Sports
Follow US
© 2022 News Network. CMG Ltd. All Rights Reserved.
TechNews

OpenAI targets $100B valuation as business user base tops 1 million

Abdulafeez Olaitan
Last updated: 2024/09/08 at 10:29 AM
Abdulafeez Olaitan
Share
2 Min Read
OpenAI targets $100B valuation as business user base tops 1 million
SHARE

OpenAI has announced a major milestone: its business segment, including ChatGPT Enterprise, Team, and Edu, now boasts over one million users, a significant increase from 600,000 in April. This growth shows the success of its advanced AI language models.

As OpenAI celebrates this achievement, the company is planning to roll out higher-priced subscription tiers for its upcoming models, like Strawberry and Orion. 

These new plans could cost up to $2,000 per month, reflecting the increasing demand for advanced AI capabilities.

This move comes amid growing competition in the AI space, with new entrants like xAI’s Grok-2 aiming to challenge OpenAI’s dominance. 

Despite this, OpenAI’s business continues to flourish, with ChatGPT’s weekly active users doubling in the past year to over 200 million.

Looking ahead, OpenAI is also preparing for a significant funding round, with interest from major players like Apple and Nvidia potentially pushing the company’s valuation beyond $100 billion.

 Microsoft, which already holds a 49% stake in OpenAI, will also contribute to this round.

In the regulatory sphere, OpenAI has expressed support for California’s new AI watermarking bill but has opposed legislation requiring mandatory safety testing of AI models. 

This comes as the international community, including the US, EU, and UK, has signed a treaty focusing on AI safety and human rights.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Whatsapp Whatsapp Telegram Copy Link Print
Share
Posted by Abdulafeez Olaitan
Abdulafeez Olaitan is a communication specialist with quality experience in digital media as a writer, journalist and editor. He has been nominated for the Rhysling Award, Pushcart Prize and Best of the Net Award. Contact: Abdulafeez.Olaitan [at] news.ng
Previous Article El Salvador celebrates 3 years of Bitcoin adoption with $31M profit El Salvador celebrates 3 years of Bitcoin adoption with $31M profit
Next Article Ngelale takes indefinite leave from presidential spokesman duties due to family medical crisis Ngelale takes indefinite leave from presidential spokesman duties due to family medical crisis

Latest News

Salah’s Future in Doubt as Breakdown With Arne Slot Reaches Breaking Point
Salah’s Future in Doubt as Breakdown With Arne Slot Reaches Breaking Point
Villa Shock Arsenal, Man City Cruise Past Sunderland in Weekend Premier League Action
Villa Shock Arsenal, Man City Cruise Past Sunderland in Weekend Premier League Action
US Tech Firms Exposed as North Korean Operatives Pose as Remote Developers
US Tech Firms Exposed as North Korean Operatives Pose as Remote Developers
NGX Market Cap Surpasses ₦84 Trillion as Investors Eye Earnings
361.6m Shares Traded as NGX Wraps Up Friday on a High
//

We influence millions of users and are the leading news network in Nigeria.

More About News.ng

  • About
  • Contact
  • Advertise
  • Ethics Policy
  • Careers

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

News.ngNews.ng
Follow US

© 2022 News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?