For small companies that really feel they’ve gotten essentially the most out of ChatGPT and different AI instruments whereas the expertise is in its infancy, there’s information this week that an opportunity to get much more is out there. The one catch is that it’ll come at a value.
A brand new subscription tier is out there from OpenAI that offers customers an opportunity to entry ChatGPT’s most superior fashions. And for firms that rely closely on that exact AI software, the $200 month-to-month subscription charge might not seem to be lots. For a lot of companies although, it’s in all probability a bit an excessive amount of.
For the remainder of the week’s high headlines for small companies, try our first roundup of the brand new yr beneath …
Small Enterprise Information Roundup
The Billion-Dollar Evolution of Domain Names in the Digital Economy
The area identify market has developed right into a cornerstone of the worldwide digital economic system, with the worth of domains hovering over the previous 20 years. What started as a practical software for navigating the net has remodeled right into a strategic asset, driving branding, visibility, and monetary development throughout industries.
Is Family Business Succession a Family Affair or a Family Fiasco?
As Child Boomers put together to retire, family-owned companies throughout the nation are at a pivotal crossroads. Transitioning management and possession is a fancy course of, typically more difficult in family-run companies, particularly for Black-owned enterprises that face distinctive obstacles in succession planning and recognition.
Survey: Inflation Continues to Challenge U.S. Businesses Despite Settling Rates
A brand new survey performed by SumUp reveals that inflation stays a persistent problem for companies throughout america. Whereas inflation charges have moderated in current months, 85% of surveyed enterprise homeowners reported damaging impacts on their operations over the previous two years, and 94% proceed to intently monitor inflation developments.
OpenAI Launches ChatGPT Pro for Advanced AI Capabilities
OpenAI has unveiled ChatGPT Professional, a brand new subscription plan designed to offer researchers, engineers, and different professionals with enhanced entry to its most superior AI fashions. Priced at $200 per 30 days, ChatGPT Professional goals to cater to customers tackling complicated, high-stakes issues throughout numerous fields.
Fiverr Survey Reveals Optimism Among SMB Owners Despite Challenges After 2024 Election
Fiverr launched findings from a survey of 1,001 U.S. small enterprise homeowners, revealing optimism for 2025 regardless of challenges stemming from financial insurance policies underneath the brand new administration. The analysis highlights small enterprise issues about tariffs, taxes, inflation, and workforce points, whereas underscoring a rising reliance on freelancing to navigate unsure financial situations.
Thryv Holdings to Acquire Keap in $80 Million Deal
Thryv Holdings, Inc. (NASDAQ: THRY), a number one supplier of software-as-a-service (SaaS) options for small and medium-sized companies (SMBs), introduced at present that it has signed a definitive settlement to accumulate Infusion Software program, Inc., generally known as Keap.
Canva Announces 2025 Canva Create Event, Set for Los Angeles and Online
Canva has introduced the return of its annual occasion, Canva Create, for 2025, promising its largest and most modern celebration of creativity but. The occasion will happen at SoFi Stadium in Los Angeles on April 10, 2025, with a stay on-line broadcast out there to a world viewers.
In the News: A Time for Reflection and Looking Ahead
We’re nearing the top of 2024 and with the vacation buying season behind small enterprise homeowners, many are waiting for the brand new yr in 2025. It’s all the time a superb time to set targets for the yr forward, collect your self after one other busy yr in enterprise.