OpenAI ChatGPT First annual DevDay on Nov 30th; A celebration for above 180 million users and $80 million monthly revenue

The one-year chronology of OpenAI ChatGPT is no less than the saga which has stormed New Age Technology. ChatGPT is an AI language model developed by OpenAI, based on the GPT (Generative Pre-trained Transformer) architecture. It’s designed to generate human-like text based on the input it receives. According to Reuters and Fortune ChatGPT has 180.5 million users, generates $80 million/month revenue and crossed over 10 billion all-time visits (1.43B visits in August 2023 itself).  

Interestingly the OpenAI ChatGPT userbase grew by an explosive 9,900% to reach 100M users in just 60 days of launch and the hype doesn’t seem to be fading due to its significant advancement in the field of natural language processing and a wide range of potential applications in various industries and sectors.

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The One-Year Journey of OpenAI ChatGPT: 180.5 million users | $80 million/month revenue | $29 Billion Valuation

• ChatGPT has 180.5 million users, generates $80 million/month in revenue, and crosses over 10 billion all-time visits (1.43B visits in August 2023 itself). 
• Most users are male (65.68%), with the majority from the USA (46.75%), and then India (5.47%).
• ChatGPT offers a free version with GPT-3.5 and a $20/month Plus version with GPT-4, which is 40% more accurate and 82% safer.
• OpenAI, ChatGPT’s maker, was co-founded by Sam Altman and Elon Musk. Microsoft invested $10 billion in 2023.
• OpenAI, valued at $29 billion, is seeking a new valuation of up to $90 billion due to higher revenues.
• ChatGPT is being used for automation, education, coding, data analysis, writing, etc.
• A 2023 survey revealed that 25% of US companies saved $50K-$70K using ChatGPT, while 11% saved over $100K.

Must Read: What is GPT-4 Turbo and How is it Better from GPT-4 and other Versions?

ChatGPT quickly became very popular. It got 100 million users in just two months. This popularity has led to big changes. Schools are trying to figure out if students are using ChatGPT for their essays, and big tech companies like Google and Meta are working hard to improve their own AI technologies.

ChatGPT is a chatbot made by OpenAI, a company started by famous tech people like Elon Musk. It can do many things, like answer questions, help with follow-up questions, write essays, and assist in coding.

This chatbot is based on OpenAI’s GPT-3 technology, launched in 2020. GPT-3 was a big step forward in AI because it could understand and use language much better than earlier versions. ChatGPT is one of three main AI tools from OpenAI, along with DALL-E and Codex.

Also Read: 4-Step Tutorial on how to create a GPT – No coding required

GPT-3, which ChatGPT uses, was a huge upgrade from its previous version, growing from 1.5 billion to 175 billion parts that help it think. There’s a plan to release a new, even more advanced version in 2023, which should be as big of an improvement as the last major update.

ChatGPT quickly became very popular. It got 100 million users in just two months. This popularity has led to big changes. Schools are trying to figure out if students are using ChatGPT for their essays, and big tech companies like Google and Meta are working hard to improve their own AI technologies.

ChatGPT is a chatbot made by OpenAI, a company started by famous tech people like Elon Musk. It can do many things, like answer questions, help with follow-up questions, write essays, and assist in coding.

This chatbot is based on OpenAI’s GPT-3 technology, launched in 2020. GPT-3 was a big step forward in AI because it could understand and use language much better than earlier versions. ChatGPT is one of three main AI tools from OpenAI, along with DALL-E and Codex. GPT-3, which ChatGPT uses, was a huge upgrade from its previous version, growing from 1.5 billion to 175 billion parts that help it think. There’s a plan to release a new, even more advanced version in 2023, which should be as big of an improvement as the last major update.

How Many ChatGPT Users Are There? 180 million people have signed up 

Sam Altman, the boss of OpenAI, said that ChatGPT has more than 100 million people using it every week. He shared this news at OpenAI’s first big meeting for developers in San Francisco. Till now, over 180 million people have signed up for ChatGPT, but only about 100 million of them use it regularly. Read Here More on OpenAI’s first developer conference

ChatGPT got to 100 million users in just two months, and more people keep using it. To understand how fast this is, Facebook took four and a half years to get the same number of users. Before the app called “Instagram Threads” came out, ChatGPT was the quickest to reach 100 million users.

Also Read: ChatGPT Login: How to Sign Up in OpenAI Tool- A Complete Guide

“Instagram Threads” got to 100 million users in just two days, faster than ChatGPT’s two months. But, while fewer people are using Threads now, ChatGPT’s popularity is still growing a lot.

Over 180 million people have created a ChatGPT account to date, but only around 100 million of them actively use it. ChatGPT took just 2 months for to reach the 100 million mark, and it is still going strong with the count. 

ChatGPT was the fastest app to reach 100 million users before the launch of “Instagram Threads.” The usage of Threads has rapidly decreased while ChatGPT’s usage has skyrocketed. Facebook took four and a half years to reach the same mark.

The table showing the time taken by various  platforms to reach the 100 million user mark:

ChatGPT Statistics 2023: Top 10 Highlights

1. ChatGPT has over 100 million weekly active users.
2. Over 2 million developers use ChatGPT.
3. More than 92% of Fortune 500 companies are using ChatGPT.
4. 59.67% of ChatGPT users are males, and 40.33% are females.
5. ChatGPT is forecasted to generate a revenue of $200 million by the end of 2023.
6. OpenAI spends $700,000 every day to run ChatGPT.
7. ChatGPT has surpassed 10 billion all-time page visits. It gets over 1 billion page visits every month on average.
8. Over 88% of the traffic on ChatGPT is direct traffic. At the same time, 4.22% of the traffic is directed from social media platforms. 
9. 7 nations, including China and Russia, cannot access ChatGPT. 
10. 53% of the readers failed to identify ChatGPT written content as AI-written.