Friday, October 6, 2023

Data Shows ChatGPT Revenue Growth Slows Despite Strong Downloads

OpenAI's ChatGPT has been growing in popularity since its launch in May on Apple's App store. In September, according to AppFigures, the app reached a record high of 15.6 million downloads and earned $3.2 million in revenue.

However, the rate of revenue growth is slowing down, with a 20% increase in September, compared to 30+ precents in previous months.

To take things to new level OpenAI may invest in manufacturing its own AI chips, which shows the tech company is fully optimistic about its future.

ChatGPT Needs to Monetize Better to Sustain Growth

Read next: Global Report Reveals Alarming Trends in Hosting Online Child Abuse Content

by Irfan Ahmad via Digital Information World

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