OpenAI began testing ads on ChatGPT for users of its free and low-cost subscription tiers, while YouTuber MrBeast acquired a banking app aimed at young adults, and Riot Games reduced staff on its new fighting game, according to multiple news sources. The ad rollout, announced on Monday, will affect users in the U.S. on the Free and Go subscription tiers, the latter costing $8 per month. Subscribers to paid plans, including Plus, Pro, Business, Enterprise, and Education, will not see ads, according to TechCrunch.
The ads will appear as "sponsored links" at the bottom of ChatGPT answers, as reported by The Verge. OpenAI stated that the ads would not influence the answers ChatGPT provides and that users' conversations would remain private from advertisers. The company's goal is to support broader access to more powerful ChatGPT features while maintaining user trust, according to a blog post cited by TechCrunch.
In other news, Beast Industries, owned by Jimmy "MrBeast" Donaldson, acquired Step, a banking app designed for teens and young adults, as announced on Monday, according to The Verge. This move comes after Donaldson announced plans to start a new YouTube channel focused on personal finance and investing.
Additionally, Riot Games is reducing the team working on its recently-released free-to-play fighting game 2XKO, according to a post from executive producer Tom Cannon, as reported by The Verge. The game, set in the League of Legends universe, launched in early access on PC in October and hit consoles a few weeks ago.
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