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AI

OpenAI Unveils ChatGPT Team To Serve Growing SMB Market

Aileen Lor
Last updated: February 17, 2024 3:02 am
Aileen Lor
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2 Min Read
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  • OpenAI launched ChatGPT Team, a $30 per user subscription for SMBs to access GPT models.
  • The new plan falls between cheaper individual and pricier enterprise options.
  • OpenAI continues monetizing text AI for swelling business use cases like task automation.

Contents
What’s in the new team plan?Updated features with minimum dealsExpanding use cases

OpenAI expanded its ChatGPT monetization efforts this week by launching ChatGPT Team – a subscription offering targeting small- and medium-sized businesses.

What’s in the new team plan?

The new plan provides workspaces and admin tools for groups of up to 149 to collaborate with text AI.

For $30 per user monthly, ChatGPT Team subscribers can access OpenAI’s latest synthetic models, like GPT-4 and DALL-E, for generating content or images.

The plan also enables the building of custom AI apps without coding for unique use cases.

Updated features with minimum deals

The pricing falls between OpenAI’s cheaper individual ChatGPT Plus service and its pricier, large enterprise-geared ChatGPT option.

The new addition specifically caters to smaller teams wanting convenient self-service features without big minimum deals.

Expanding use cases

Surveys show nearly 50% of companies already use ChatGPT for applications like writing, coding, and task automation, while 30% plan to in the future. So, OpenAI is positioning itself in a potentially lucrative SMB niche as business adoption swells.

OpenAI continues to find new ways to monetize its red-hot text AI. ChatGPT Team provides the next logical foothold tailored to midfield customers eager for a collaborative spin on its conversational assistant.

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