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Sources: OpenAI is charging $60 per 1,000 impressions for ads in ChatGPT, a high price similar to Netflix's rate when it introduced ads

In May 2024, the big question for OpenAI was how it would make money with its revolutionary ChatGPT tool.  At a talk at Harvard, chief executive Sam Altman

Financial Times

Context & Ripple Effects

OpenAI’s reported $60 ChatGPT ad price turns an earlier target into a concrete sales proposition. It follows plans to place ads below replies for Free and Go users and pursue advertising revenue, documented in the planned US ad test for ChatGPT’s free tiers.

The pricing also follows OpenAI’s reported effort to secure advertiser commitments of $200,000 or more during the beta rollout, suggesting the company is initially positioning ChatGPT inventory as a premium, limited offering rather than broad performance-media supply.

First-order effects

  • Advertisers in the rollout markets face a $60 CPM entry price for ChatGPT placements, comparable to the premium benchmark cited in the report and well above the sub-$20 Meta comparison in prior coverage.
  • OpenAI gains an immediate mechanism to monetize ChatGPT’s free and Go audience while preserving subscription tiers; the price tests whether advertisers will pay for the environment before extensive conversion evidence is available.

Second-order effects

  • Media buyers will require stronger evidence of reach, brand safety, and outcomes before shifting sizable budgets at a premium CPM; OpenAI’s reported large beta-ad commitment asks concentrate early demand among advertisers able to test that proposition.
  • A sustained premium would put pressure on other AI assistants and ad platforms to differentiate their inventory through pricing, targeting, measurement, or less intrusive placement rather than treating AI chat as ordinary display supply.

Third-order effects

  • If premium chat inventory proves repeatable, conversational AI could become a distinct advertising channel whose economics depend on monetizing each interaction without degrading the assistant experience.
  • The key structural constraint is measurement: without credible outcome data, high CPMs may remain an early-access premium rather than establish a durable market rate.

The trend: This is part of the broader commercialization of consumer AI interfaces, as providers seek ad revenue to complement subscriptions and justify the cost of serving free users.

Discussion

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    Why ads are coming to your AI chatbot