According to recent study results made public by UBS, the famous OpenAI chatbot ChatGPT gained an estimated 100 million monthly active users just in January. The aforementioned chatbot is now regarded as the fastest-growing consumer application in history, two months after its public debut.
The statistics provided by Similarweb, which said that ChatGPT was used on average by around 13 million unique visitors daily in January, served to support the aforementioned allegation. According to reports, the number of users has increased by a factor of two since December. UBS added that they could not think of a consumer internet app that had a faster ramp than ChatGPT in the 20 years since the invention of the internet.
According to a different report, in just seven days, ChaptGPT was able to add more than a million new members. The chatbot’s co-founder, Greg Brockman, announced and acknowledged this accomplishment on Twitter. With the level of success it is now experiencing, ChatGPT is predicted to generate over $200 million in revenue in 2023 and up to $1 billion in 2024.
ChaptGPT and OpenAI
As was already noted, ChatGPT is a chatbot that can respond to requests by generating articles, essays, jokes, and even poetry. The privately owned startup OpenAI, which is supported by Microsoft Corp., is one of ChatGPT’s well-known rivals. It was first offered for free, but it recently disclosed that a $20 monthly subscription will be required.
The aforementioned subscription cost, which would first apply to customers in the United States, was created to speed up and improve the stability of the chatbot’s service while also introducing new capabilities. According to one expert, ChatGPT’s present level of popularity gives rival AI firms like OpenAI a big competitive advantage.
On the other hand, Microsoft’s dedication to AI extends beyond its investment in OpenAI. According to reports, the corporation is in charge of delivering the crucial processing power and resources required for ChatGPT through its own cloud computing platform. Additionally, Azure is renowned for offering a solid foundation for the success of OpenAI and ChatGPT, powering the great majority of computing jobs that they utilize.