The Future of ChatGPT: From Paywall to Microsoft's Control

The Future of ChatGPT: From Paywall to Microsoft's Control

News by Marge SerranoMarge Serrano
Published: January 20, 2023

ChatGPT fans can now look forward to a better experience through "ChatGPT Professional," a premium version of the AI chatbot. OpenAI Chief Executive Officer (CEO) and Co-Founder Greg Brockman announced the pre-registration for ChatGPT Professional on January 11.  

ChatGPT is still available for free at its current total capacity. 

Premium Subscription 

Users who will opt for ChatGPT Professional can expect to be rid of the infamous "Too many requests in 1 hour. Try again later" popout, response rate throttling and a much-welcome doubling of the AI's answers. The waiting list can be found on the official discord channel of ChatGPT. Pricing is yet to be decided as the company is still getting feedback from present users. 

Upon opening the Google Form, users will be faced with a variety of questions, such as learning what features current users would like to have in the pro version and what cost they would be willing to pay to upgrade as indicated by "At what price (per month) would you consider ChatGPT to be a bargain, a great buy for the money?"  

The exploration of the massive potential of ChatGPT is ongoing, with students using it to write essays and professionals using it to code. 

Since ChatGPT is still in the prototype stage, its present abilities are run by 570 GB of coding and data along with a massive 175 billion parameters. With talks of a possible $10B investment from tech giant Microsoft, ChatGPT's capabilities will grow along with its valuation, which will rise to an astonishing $29 billion. This wouldn't be the first time, as Microsoft previously invested $1B in OpenAI. 


Microsoft’s Take Over 

Microsoft will take 75% of OpenAI's revenue for a return or investment (ROI) and will continue to have a 49% stake in the company. Other investors who will be funding the $29B venture will have a total of 45% share while OpenAI, ChatGPT'a actual parent company, will only have 2% raising concerns on the direction of ChatGPT.  

This move will catapult Microsoft over Google Cloud and Amazon Web Services. Google also has to worry about the SEO business as Bing will incorporate ChatGPT. 

Former Infosys CEO Vishal Sikka, who backed OpenAI in its early days, stated, "Infosys, and I, are a part of this endeavor, and very excited about it…Most of our work is in building and maintaining software systems. AI will increasingly shape the construction and evolution of intelligent software systems in all domains and industries…But beyond business, there is another key reason; our endeavor to do purposeful work. Our founders always believed in this." 

OpenAI has amassed a capital of $1 billion after six fundraising rounds. 

Subscribe to Spotlight Newsletter
Subscribe to our newsletter to get the latest industry news