OpenAI expects its USD 8 ChatGPT subscription to drive consumer subscribers to 122mln, according to the Information

OpenAI's projection of 122 million subscribers for its USD 8 ChatGPT service signals a strong revenue potential and user growth that could positively impact valuations in the tech sector, particularly for related players like Microsoft. This expectation may lead to bullish sentiment in technology stocks as investors anticipate increased adoption and monetization of AI services, suggesting a favorable outlook for equity markets and potentially influencing software sector performance.