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Home Tech AI

ChatGPT becomes the fastest growing application of all time

"In 20 years following the internet space, we cannot recall a faster ramp in a consumer internet app."

by Kerem Gülen
3 February 2023
in AI, Tech
Reading Time: 3 mins read
ChatGPT becomes the fastest growing application of all time
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According to a recent study by UBS, reported by CBS News, OpenAI’s ChatGPT, an AI-powered chatbot, has seen an unprecedented rise in popularity, becoming the fastest-growing app in history. With 13 million daily unique visitors recorded in January, an impressive doubling of its December figures, ChatGPT has established itself as a formidable player in the market after only two months of existence. The study concludes that the app now boasts 100 million monthly users.

The fastest growing app ChatGPT has seen phenomenal success last months

The study, drawing upon data from analytics firm Similarweb, places ChatGPT in a favorable position compared to other rapidly expanding applications, such as TikTok and Instagram. Notably, it took TikTok nine months to reach 100 million monthly active users, whereas it took Instagram a span of two and a half years to achieve the same feat. The swift rise of ChatGPT to this level of success is indicative of its popularity and the growing demand for AI-powered chatbots.

ChatGPT becomes the fastest growing application of all time
ChatGPT is the fastest-growing app in history

“In 20 years following the internet space, we cannot recall a faster ramp in a consumer internet app,” USB’s analysts stated in the study.

While the standard version of ChatGPT has gained popularity, its widespread use has sometimes resulted in long wait times, as the system struggles to keep up with demand. This has caused frustration among some users. To mitigate this challenge, OpenAI has introduced the subscription-based ChatGPT Plus, which offers faster processing speeds and more dependable access to the AI text generation tool. By offering a premium option, OpenAI seeks to enhance the user experience and provide a more efficient solution to the growing demand for its chatbot.

The release of the report coincided with the launch of ChatGPT Plus, a premium iteration of the chatbot from OpenAI. Available for $20 per month, the paid version provides users with benefits such as prioritized access during high traffic periods, quicker response times, and early access to new features. The unveiling of ChatGPT Plus highlights OpenAI’s commitment to expanding and improving the capabilities of their AI-powered chatbot, further solidifying its position as a leader in the field.

ChatGPT becomes the fastest growing application of all time
While the standard version of ChatGPT has gained popularity, its widespread use has sometimes resulted in long wait times, as the system struggles to keep up with demand

ChatGPT has seen phenomenal success since its launch, with individuals utilizing it for a diverse range of purposes, from crafting amusing poems to using it to cheat on college essays, even to writing malicious software.

OpenAI’s previous investor, Microsoft, recently made an additional investment of $10 billion and is reportedly exploring integrating ChatGPT into several of its offerings, including the search engine Bing. The popularity and versatility of ChatGPT has also piqued the interest of Google, which is reportedly developing its own suite of public-facing AI tools. The rapid success and influence of ChatGPT highlight the growing demand and importance of AI technology.

The future of ChatGPT is uncertain but brimming with possibilities. With its impressive growth and versatility, ChatGPT has established itself as a leading player in the AI technology landscape. The recent investments and interest from tech giants are further testament to the potential of ChatGPT and the impact it can have in shaping the future of AI. As technology continues to evolve, the opportunities for ChatGPT to grow and impact various industries and aspects of daily life are immense. It is truly an exciting time for the development and application of AI, and ChatGPT is poised to play a significant role in this rapidly evolving landscape.

ChatGPT becomes the fastest growing application of all time
ChatGPT becomes the fastest growing application of all time

For those who haven’t yet had the opportunity to experience ChatGPT, it is a revolutionary AI-powered chatbot with a wide range of applications and potential. With its unprecedented growth and versatility, ChatGPT is at the forefront of AI technology and offers a unique and engaging experience for users. Whether you’re looking to write poetry, complete assignments more efficiently, or simply engage in conversation with an AI, ChatGPT is a must-try for anyone interested in the future of technology. So, why wait? Head on over to the OpenAI website and discover the limitless potential of ChatGPT for yourself.

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