ChatGPT's user base has doubled to 200 million, and OpenAI's revenue has soared. Major tech companies are exploring investments in the AI company, which is poised to become a dominant force in the AI landscape.
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| ChatGPT's popularity continues to rise, with 200 million weekly active users. OpenAI's financial success and strategic partnerships position it as a leading player in the AI industry. Symbolic image |
San Francisco, CA – August 30, 2024:
OpenAI, the artificial intelligence research laboratory, has announced that its popular language model, ChatGPT, has doubled its weekly active user base to 200 million. This significant growth comes just months after the company revealed a user base of 100 million in November 2023.
In addition to the surge in user numbers, OpenAI has also experienced substantial growth in its API usage. Following the release of GPT-4o mini in July, API usage has doubled, indicating increased adoption of the technology by developers and businesses.
CEO Sam Altman recently shared with employees that the company's annualized revenue has reached $3.4 billion, up from $1.6 billion at the end of 2023. This substantial increase in revenue highlights the growing commercial success of OpenAI's AI offerings.
Meanwhile, The Wall Street Journal reported that Apple, Nvidia, and Microsoft are exploring investments in a new funding round for OpenAI. The proposed investment is expected to significantly boost OpenAI's valuation, potentially surpassing $100 billion.
Microsoft, a major investor in OpenAI since 2019, has contributed $13 billion to the company's growth. Apple has also announced plans to integrate ChatGPT into its upcoming Apple Intelligence initiative. However, both Microsoft and Apple have relinquished their seats on OpenAI's board of directors due to antitrust concerns raised by the European Commission.
ChatGPT's rapid growth and the increasing interest from major tech companies underscore the transformative potential of AI and its growing impact on various industries. As OpenAI continues to expand its offerings and attract new investors, the future of AI looks promising.