OpenAI has hit a significant milestone, now boasting over 1 million paying users across its platform. This marks a sharp increase from April, when it reported 600,000 subscribers for its ChatGPT products. The user base includes subscribers to its ChatGPT Team, Enterprise, and Edu services, which cater to businesses and universities. CEO Sam Altman has been instrumental in driving corporate adoption, reportedly pitching AI services to leaders at Fortune 500 companies. This push has helped OpenAI’s valuation surge from $86 billion in October 2022 to $100 billion by August 2023, according to various media sources.

To boost profits and fund further AI development, OpenAI rolled out corporate products like ChatGPT Enterprise and Teams, enhancing security, privacy, and productivity for businesses. While the free tier still serves hundreds of millions, the company's focus on paid corporate users aims to strengthen its finances for future innovations, such as the AI-powered SearchGPT. OpenAI is also exploring higher pricing tiers for upcoming AI models, with prices potentially reaching $2,000 per subscription.