ChatGPT is one of the fastest growing pieces of new technology in history. And now their mobile app is starting to make money.
What’s happening:
- ChatGPT’s mobile app is becoming widely adopted by users since launching for Apple and Android devices
- While ChatGPT launched initially as a free to use technology it has since begun rolling out paid subscriptions with additional features
Why it matters:
- Many skeptics of artificial intelligence doubted that a large number of individuals would actually be willing to upgrade to a paid version of ChatGPT
Going deeper:
- OpenAI has publicly stated that they are exploring ways to offer a less expensive paid version for individuals
- There has also been mention of a paid plan for businesses to be able to use which would safe guard their data and allow for team members to collaborate with each other
By the numbers:
- Since OpenAI launched the mobile app for ChatGPT there have been over 50M total downloads
- Last month alone the ChatGPT mobile app saw over 15M total downloads
- Last month was also a record month for revenue for ChatGPT’s app bringing in $4.6M
- OpenAI has previously stated they are hoping to bring in roughly $200M this year in revenue
