OpenAI CFO Highlights 75% Revenue from $20 Subscriptions, 250M Users, $2000/Hour Paralegal Model, and AGI Advancements at Money20/20

At the Money20/20 conference in Las Vegas, OpenAI CFO Sarah Friar revealed that 75% of the company's revenue is derived from consumer subscriptions, with ChatGPT boasting 250 million weekly active users. She noted that approximately 5-6% of these users convert to paid subscriptions, priced at $20 per month. Friar also discussed the capabilities of OpenAI's new reasoning model, which some lawyers claim can perform tasks equivalent to a paralegal charging $2,000 per hour. She emphasized that advancements in artificial general intelligence (AGI) are closer than many perceive, with internal research models demonstrating PhD-level performance across various fields. These insights highlight OpenAI's ongoing efforts to leverage AI technology to enhance productivity in professional sectors, including legal services.