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ChatGPT's new plan costs $500 a month

OpenAI announced a $500 a month plan for ChatGPT. The company also downgraded the compute allowance of its $200 a month plan.

OpenAI has unveiled a new subscription tier for ChatGPT that will cost $500 per month, a significant increase from their previous highest-priced plan. The Pro 500 plan adds access to "Ultrafast" computing, promising an 8x speed boost in GPT-6 Astra, ChatGPT Work, and Codex, OpenAI's coding tool. The upgrade comes with OpenAI's highest usage limits, a feature that may be of interest to developers who have reached their token limit.

However, the $500 monthly cost amounts to $6,000 per year, which may be a steep price for some users, while other AI enthusiasts previously found the $200 monthly plan to be worth the investment for their small businesses. OpenAI has also announced that it will be reopening the $200 monthly Pro plan but downgrading its compute allowance to 10x that of the $20 monthly Plus plan, compared to the previous 20x multiple. Existing Pro 500 subscribers will receive a one-time credit during the transition period.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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