ChatGPT sets record for fastest growing userbase

Microsoft revealed a new multibillion-dollar investment in OpenAI last month, this time in the form of cash and cloud computing services.

Two months after its debut, ChatGPT, a well-known chatbot from OpenAI, is thought to have amassed 100 million monthly active users, making it the fastest-growing consumer application in history.

The report by UBS, citing data from analytics firm Similarweb, said an average of about 13 million unique visitors had used ChatGPT per day in January, more than double the levels of December.

“In 20 years following the internet space, we cannot recall a faster ramp in a consumer internet app,” UBS analysts wrote in the note.

In response to instructions, ChatGPT can produce articles, essays, jokes, and even poetry. In late November, OpenAI, a private firm supported by Microsoft Corp, made it freely accessible to the general public.

OpenAI introduced a $20 monthly subscription fee that was initially restricted to customers in the United States. It would offer a quicker, more reliable service, and the chance to preview new features.

Analysts predict that the success of ChatGPT will offer OpenAI a competitive edge over rival AI firms. Although, increased usage puts a strain on OpenAI’s processing capabilities, but it also gives vital feedback that has been used to improve the chatbot’s responses.

The company claimed that subscription income would assist in defraying the expense of computing.

Availability of tools has sparked concerns about its potential to encourage academic dishonesty and false information.

Microsoft revealed a new multibillion-dollar investment in OpenAI last month, this time in the form of cash and cloud computing services.

Written by Shaheer Ahmed

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