It’s been an incredible journey for OpenAI’s ChatGPT, now seen as the world’s top AI companion.
The success that this tool has witnessed is mind-blowing when you come to think of it, considering how it was rolled out in November of 2022. The figures soared at the start and last month was even more powerful than others. Revenue hit record-breaking figures and it’s just the boost that many at OpenAI had hoped for, making last month the biggest of them all in terms of profits.
The stats by AppFigures show the magnitude and power that AI has in today’s time, thanks mostly to ChatGPT. The platform ended October with the highest number of downloads for one month and the greatest revenue witnessed during a single month. It just reversed the entire trend linked to what apps experienced. This includes downloads hitting a new low and revenue being at a high.
As per figures quoted in App Intelligence, ChatGPT closed October with 32 million new downloads from the App Store and Google Play. It beats the old record which witnessed a 33% high. That was seen in the year before when downloads went over and above 20 million and closed with 24M for that certain month.
Similar to other games, the app’s latest downloads arose mostly from Google Play which overcame Apple’s App Store last month. Markets that led the success included the US, India, and even Brazil.
They were the ones responsible for this change of 28% figure for new downloads, which is again a different number than what’s seen for other platforms. Similar to most platforms, ChatGPT’s huge revenue arose through the App Store which was dominating in America.
A total revenue figure of 48M was generated by ChatGPT including both Google Play and App Store. Stats quoted for MoM revenue had grown 30% as per estimates. This is not the greatest seen for ChatGPT but is definitely the greatest at this level.
This really goes to show how the AI market is massive in terms of opportunities for growth and even today, people are spending close to $1.3 billion in the top 1000 mobile AI apps category since last year. Out of that, 47% arose from chatbot assistants based on ChatGPT.
That is huge so the next time when developers plan on looking down on AI assistants, they might need to think again because it’s not a huge category but it’s definitely not shrinking anytime soon. In fact, it’s the second biggest domain in terms of apps and the biggest as far as revenue is concerned.
Out of this, 25% of consumers were spending on ChatGPT, wow, no surprise there for sure!
OpenAI takes the cake and is eating all of the success together at once. We’re not sure how long this will take but the world is an open playground in terms of AI opportunities right now.
Read next: Pinterest Shares Latest Earnings Calls With Solid Rise In Revenue And Record High Usage
The success that this tool has witnessed is mind-blowing when you come to think of it, considering how it was rolled out in November of 2022. The figures soared at the start and last month was even more powerful than others. Revenue hit record-breaking figures and it’s just the boost that many at OpenAI had hoped for, making last month the biggest of them all in terms of profits.
The stats by AppFigures show the magnitude and power that AI has in today’s time, thanks mostly to ChatGPT. The platform ended October with the highest number of downloads for one month and the greatest revenue witnessed during a single month. It just reversed the entire trend linked to what apps experienced. This includes downloads hitting a new low and revenue being at a high.
As per figures quoted in App Intelligence, ChatGPT closed October with 32 million new downloads from the App Store and Google Play. It beats the old record which witnessed a 33% high. That was seen in the year before when downloads went over and above 20 million and closed with 24M for that certain month.
Similar to other games, the app’s latest downloads arose mostly from Google Play which overcame Apple’s App Store last month. Markets that led the success included the US, India, and even Brazil.
They were the ones responsible for this change of 28% figure for new downloads, which is again a different number than what’s seen for other platforms. Similar to most platforms, ChatGPT’s huge revenue arose through the App Store which was dominating in America.
A total revenue figure of 48M was generated by ChatGPT including both Google Play and App Store. Stats quoted for MoM revenue had grown 30% as per estimates. This is not the greatest seen for ChatGPT but is definitely the greatest at this level.
This really goes to show how the AI market is massive in terms of opportunities for growth and even today, people are spending close to $1.3 billion in the top 1000 mobile AI apps category since last year. Out of that, 47% arose from chatbot assistants based on ChatGPT.
That is huge so the next time when developers plan on looking down on AI assistants, they might need to think again because it’s not a huge category but it’s definitely not shrinking anytime soon. In fact, it’s the second biggest domain in terms of apps and the biggest as far as revenue is concerned.
Out of this, 25% of consumers were spending on ChatGPT, wow, no surprise there for sure!
OpenAI takes the cake and is eating all of the success together at once. We’re not sure how long this will take but the world is an open playground in terms of AI opportunities right now.
Read next: Pinterest Shares Latest Earnings Calls With Solid Rise In Revenue And Record High Usage
