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Top stories today:
- OpenAI losing money on $200/mo ChatGPT Pro plan, CEO Altman says
- CES 2025 to bring latest from world of AI hardware and robots
- Foxconn's Q4 revenue +15% to record $NT2.13T ($65B) on AI demand
- 109 VC-based startups shut down in 2024 even after raising $20M+
- U.S. long-term unemployment +50% since 2022
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
CORRECTUM: Last weekās YTD values hadnāt been updated for 2025. Hat tip to our reader G.R.
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of the few hallucinations):
1. OpenAI losing money on $200/mo ChatGPT Pro plan, CEO Sam Altman says
People using it more than expected are costing OpenAI on the Pro plan, Altman said.
āI personally chose the price and thought we would make some money,ā Altman said.
Separately, OpenAI tested $20 and $42 as the base subscription for ChatGPT, Altman said in an interview.
āPeople thought $42 was a little too much. They were happy to pay $20,ā he said.
āWe love our current products, but we are here for the glorious future,ā Altman said.
Superintelligence could be āa few thousand daysā away, Altman previously said.
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3. CES 2025 to bring latest from world of AI hardware and robots, starting Tue.
Samsungās 2025 smart TVs have introduced live translation ahead of the public access to the annual electronics event.
Samsung Food has been upgraded to find recipes for dishes from shows.
Roborock Saros Z70 with a robotic arm has debuted to take on existing robot vacuum cleaners.
Withings Omnia has launched as a āconceptualā smart mirror for full body-scanning, offering insights into weight, sleep, activity, and nutrition.
Circular has unveiled Ring 2 with electrocardiogram functionality and atrial fibrillation detection.
Birdify has introduced Bath Pro smart birdbath, featuring a solar-powered fountain.
NVIDIA, Sony, and Waymo are also among companies hosting their keynotes at this yearās CES to make new announcements.
4. Foxconn's Q4 revenue +15% to record $NT2.13T ($65B) on AI demand
