For small businesses that feel they’ve made the most of ChatGPT and other AI tools while the technology is in its infancy, news broke this week that a possibility to get much more is on the market. The only catch is that it’ll come at a price.
A brand new subscription tier is on the market on OpenAI that provides users the likelihood to access the most advanced ChatGPT models. And for corporations that rely heavily on this particular AI tool, the $200 monthly subscription rate may not appear to be much. However, for a lot of corporations this might be a bit an excessive amount of.
For a look at the top headlines of the week for small businesses, try our first roundup of the latest yr below…
Small Business News Summary
The billion-dollar evolution of domains in the digital economy
The domain name market has change into a cornerstone of the global digital economy, and domain values have skyrocketed over the past twenty years. What began as a functional online navigation tool has evolved into a strategic asset, driving branding, visibility and financial growth across all industries.
Is the succession of a family business a family matter or a family fiasco?
As baby boomers prepare for retirement, family businesses across the country are facing a difficult moment. Transitioning leadership and ownership is a complex process, often harder in family businesses, especially for Black-owned businesses that face unique obstacles to succession planning and succession recognition.
Study: Inflation continues to challenge U.S. businesses despite stabilizing rates of interest
New research from SumUp shows that inflation stays a persistent challenge for businesses across the United States. Although inflation rates have declined in recent months, 85% of business owners surveyed reported a negative impact on their business over the past two years, and 94% proceed to closely monitor inflation trends.
OpenAI launches ChatGPT Pro providing advanced AI capabilities
OpenAI has unveiled ChatGPT Pro, a latest subscription plan designed to give researchers, engineers and other professionals higher access to the most advanced artificial intelligence models. Priced at $200 per 30 days, ChatGPT Pro goals to meet the needs of users coping with complex, serious problems in a number of fields.
Fiverr survey reveals optimism amongst small and medium-sized business owners despite post-2024 election challenges
Fiverr has released the results of a survey of 1,001 U.S. small business owners, showing optimism for 2025 despite economic policy challenges under the latest administration. The study highlights small business concerns about tariffs, taxes, inflation and workforce issues, while highlighting the growing reliance on freelancing to address uncertain economic conditions.
Thryv Holdings will acquire Keap for $80 million
Thryv Holdings, Inc. (NASDAQ: THRY), a leading provider of software-as-a-service (SaaS) solutions for small and medium-sized businesses (SMB), today announced that it has signed a definitive agreement to acquire Infusion Software, Inc., often known as Keap.
Canva broadcasts Canva Create 2025, happening in Los Angeles and online
Canva has announced the return of its annual Canva Create event in 2025, promising the largest and most progressive celebration of creativity yet. The event will happen on April 10, 2025 at SoFi Stadium in Los Angeles, and will likely be broadcast live online to a global audience.
In the news: a time to reflect and look to the future
As we near the end of 2024 and the holiday shopping season is behind us, many small business owners are eagerly awaiting the latest yr of 2025. It’s at all times a good time to set goals for the coming yr, gather yourself after one other busy yr of business.
