ChatGPT sets record for fastest-growing user base

ChatGPT sets record for fastest-growing user base

According to a UBS study released on Wednesday, ChatGPT, the well-known chatbot from OpenAI, is believed to have amassed 100 million monthly active users in January, just two months after its debut, making it the fastest-growing consumer application in history.

According to the analysis, which used data from the analytics company Similarweb, ChatGPT saw more than twice as many unique visitors in January than it did in December—an average of approximately 13 million per day.

UBS analysts stated in the report that they “cannot recall a faster climb in a consumer internet app in 20 years of tracking the internet space.”

According to data from Sensor Tower, Instagram took two and a half years to achieve 100 million users after its global launch, whereas TikTok took around nine months.

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In response to instructions, ChatGPT can produce articles, essays, jokes, and even poetry. In late November, a private startup called OpenAI, which receives funding from Microsoft Corp., made it freely accessible to everyone.

OpenAI introduced a $20 monthly subscription on Thursday, initially available to users solely in the United States. The company said that it will offer a faster, more stable service as well as the chance to test out new features in advance.

Analysts predict that the success of ChatGPT will offer OpenAI a competitive edge over rival AI firms. While increasing usage puts a strain on OpenAI’s processing resources, it has also given vital feedback that has been used to refine the chatbot’s responses.

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

The tool’s accessibility 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.