ChatGPT's Rising Popularity: OpenAI's New Milestones
OpenAI's ChatGPT is quickly gaining traction. According to The Information, the number of paid users for the service has surged to 20 million in just three months, marking a 30% increase from 15.5 million at the end of last year. This indicates a growing interest in AI capabilities for coding, article writing, and medical and financial consultations.
The monthly revenue of ChatGPT currently stands at $415 million, equating to $5 billion annually. In addition to the standard ChatGPT Plus subscription at $20/month, OpenAI offers a premium Pro plan at $200/month, further boosting its revenue. The company also profits from the use of its models through an API, which generated approximately $2 billion in 2023. If this growth continues, OpenAI could achieve $12.7 billion in revenue by 2025, significantly exceeding the projected $4 billion for 2024.
Despite the overall growth, the share of paid users has decreased from 5% to 4%. Meanwhile, the number of active users per week has risen to 500 million, a 43% increase from 350 million at the end of 2023.
It's worth noting that OpenAI recently completed a new funding round, raising $40 billion. This marks the largest funding round for a private technology company in history. The company's valuation now stands at $300 billion.