Looking for OpenAI’s ChatGPT Statistics 2024?
If yes then you are in the right place. Why? because in this article, I’m going to share some amazing ChatGPT stats 2024 that will blow your mind.
OpenAI’s ChatGPT has been making waves in the AI world since its public launch on 30th November 2022.
In just one week following its release, the chatbot had attracted over 1 million users.
BIG Announcement: OpenAI launched GPT-4 which is far better than ChatGPT. Want to know more? Read this GPT-4 statistics.
Let’s see some latest ChatGPT stats, facts & trends.
- Editor’s Pick (Top ChatGPT Stats & ChatGPT-4 Statistics 2024)
- Interesting Chat GPT Statistics & Facts
- Top ChatGPT Statistics February 2024: Trends, Facts, Stats & Data
- What is ChatGPT?
- How Does ChatGPT work?
- ChatGPT Pricing Statistics: How Much Does it Cost in 2024?
- Limitations of ChatGPT
- Alternatives of ChatGPT
- Interview of Sam Altman: OpenAI CEO on ChatGPT-4, and the Future of AI
- OpenAI Statistics
- Frequently Asked Questions Related to Chat GPT
- Final Words About ChatGPT User Statistics & Trends 2024
Editor’s Pick (Top ChatGPT Stats & ChatGPT-4 Statistics 2024)
- OpenAI launched Chat GPT on 30th November 2022
- ChatGPT-4 launched on 14th March 2023
- ChatGPT-4 is only available for ChatGPT Plus users.
- It took only a week for ChatGPT to attract 1 million users
- In 2023, ChatGPT is expected to achieve a revenue of $200 million
- The value of OpenAI after the ChatGPT was valued at $29 billion
- It’s expected that company will generate up to $1 billion revenue by 2024
- Microsoft Azure Power ChatGTP
- ChatGPT-4 can accept both text and image input and gives text output.
- Microsoft, Linked In Co-Founder Reid Hoffman and Khosla Ventures are behind ChatGTP
- There are over 570 GB of text in its training dataset.
- Microsoft has invested $1 Billion in Open AI. They have also said that they will invest $10 billion more.
- After the launch of ChatGPT, OpenAI became leading machine learning platform by funding raised
Also Read: Instagram Threads Statistics 2024
Interesting Chat GPT Statistics & Facts
|30th November 2022
|1 Million users in 1st-week
|Queries Per Day
|approx 10 million
|Sam Altman is CEO & Elon Musk is Co-founder
|Microsoft, Khosla Ventures, and LinkedIn co-founder Reid Hoffman
|300 billion words, 570 GB
|Monthly Cost to Run
|Approx 3 Million USD
|Reinforcement Learning from Human Feedback (RLHF)
|Cost to Users
|Up to 2021
|USD 200 million by end of 2023
Top ChatGPT Statistics February 2024: Trends, Facts, Stats & Data
Here are some latest Chat GPT Statistics, Facts and Trends data that you should know in 2024.
It took only a week for ChatGPT to attract 1 million users
Not only this, but OpenAI’s founder Sam Altman also shared that GPT-3, Copilot, and Dall_e each had over 1 million users too!
It took GPT-3 about 24 months to get those numbers, Copilot around 6 months, and the most impressive result was from Dall_E which got those results in only 2.5 months.
These statistics surely show how ChatGPT is growing fast with time and will have a bright future ahead!
In 2023, ChatGPT is expected to achieve a revenue of $200 million
ChatGPT is an amazing chatbot created by OpenAI! It has the ability to understand conversations and respond in natural language.
According to a recent ChatGPT statistics, it’s expected to make a lot of money for the company in the next few years.
In fact, one research predicted that ChatGPT will bring in over $200 million in revenue by 2023 and even more – up to $1 billion – by 2024.
The value of OpenAI after the ChatGPT was valued at $29 billion
OpenAI is becoming really successful and valuable, partly thanks to Microsoft’s partnership and investments.
The tech giant invested $1 billion into the AI company in 2019 and plans to invest another $10 billion soon!
That means OpenAI will be valued at a whopping $29 billion which is super impressive!
This ChatGPT statistics is proof of the company’s success and potential in the near future.
There are some rumors that Microsoft is also thinking about using OpenAI’s ChatGPT with its own search engine, Bing, so it can go head-to-head against Google.
OpenAI website receives over 300 million monthly visitors
OpenAI’s website has had some serious success!
They now receive over 300 million visits every month – that’s a whole lot of people visiting their site to use ChatGPT.
In November 2022, there were only around 18 million visits, but an impressive jump to 304 million was reported in December 2022 just after the launch of ChatGPT.
From this Chat GPT Statistics, it’s clear that this spike in visitors is only because of the ChatGPT.
People are really loving it and it’s awesome to see OpenAI getting so much attention!
Microsoft Azure Power ChatGTP
Microsoft’s commitment to artificial intelligence extends beyond simply investing in OpenAI.
Through its own cloud-computing technology, Azure, Microsoft is providing the essential computational power and resources needed for ChatGPT.
Azure provides a reliable platform for OpenAI and ChatGPT to thrive, powering a vast amount of computing tasks that they draw upon.
In addition to Microsoft, Linked In Co-Founder Reid Hoffman and Khosla Ventures are behind ChatGTP
The success of ChatGPT is due in part to the support it has received from some high-profile companies and individuals.
Microsoft, Khosla Ventures, and LinkedIn co-founder Reid Hoffman have all invested money into OpenAI’s project.
The support of these companies has allowed OpenAI to continuously refine and improve ChatGPT, making it one of the best chatbots available.
ChatGPT is powered by the world’s largest neural network
ChatGPT, the latest language model from the GPT-3 series, has redefined what can be accomplished with AI – training a comprehensive, large language model using only 570 GB of textual data from across the web.
it has established new standards in artificial intelligence as embodied in language models.
Indeed, ChatGPT is believed to be the largest such language model ever, with 175 billion ML parameters.
ChatGTP is not available in every country due to security concerns
Unfortunately, due to security concerns, ChatGPT is not available in certain countries, such as China, Russia, Ukraine, Afghanistan, Iran, Belarus, and Venezuela.
This means that people living in these countries are unable to experience the convenience and ease of use that make ChatGPT so popular around the world.
However, those countries may eventually gain access after security concerns have been addressed. Until then, ChatGPT will remain inaccessible to them.
ChatGPT Language Model Training
ChatGPT is a language model that is highly advanced and utilizes the latest artificial intelligence technologies.
It has an intensive training process that uses immense amounts of data, over 570 GB, and requires eight NVIDIA V100 GPUs and Microsoft’s Azure AI supercomputing technologies.
Here are more details about it:
- There are over 570 GB of text in the training dataset.
- It uses 8 NVIDIA V100 GPUs.
- ChatGPT’s machine learning is based on Microsoft’s Azure AI supercomputing technologies.
- There are 24 layers in this model.
- Approximately 96 attention heads are present in this model.
- Many GBs of data were used to fine-tune the model.
ChatGPT is going to monetize soon (Confirmed by ChatGPT founder)
ChatGPT is currently free to use, but it was recently announced by OpenAI’s founder on Twitter that they intend to monetize the chatbot in the near future.
The monetization will likely involve some kind of subscription service, but the company has not yet provided any other details about the plan.
It’s exciting to see ChatGPT become a successful business, and it will be interesting to see how they incorporate a payment system while still providing a great user experience.
After the launch of ChatGPT, OpenAI became leading machine learning platform by funding raised.
What is ChatGPT?
ChatGPT is a sophisticated AI system developed by OpenAI as an innovative way to bridge the connection between humans and bots.
Based on deep learning, this language tool allows you to ask questions and get answers just like you would if you were chatting with an actual person.
The model was fine-tuned on GPT-3.5 (text-DaVinci-003) and improved upon the InstructGPT model, making it better at understanding and answering requests from people.
How Does ChatGPT work?
ChatGPT uses artificial intelligence to generate human-like text conversations.
It combines natural language processing (NLP) with reinforcement learning and deep neural networks to understand the user’s input and respond as if it were an actual person.
The system can also remember context from previous chats, allowing it to take part in more complex conversations.
Check the below screenshot to understand how ChatGPT works.
ChatGPT Pricing Statistics: How Much Does it Cost in 2024?
ChatGPT launched their paid plan on January 21, 2023 for those who want additional features and faster response times.
This plan costs $42 per month and provides access even when the demand is high. It enables users to have quicker response speeds which can help them get the information they need in a more timely manner.
In addition, ChatGPT users who purchase the paid plan will have early access to new features, allowing them to stay ahead of the competition and make the most out of their ChatGPT experience.
What’s Included in Paid Plan?
- Provides access even when the demand is too high
- Faster response times to help users get the information they need in a more timely manner.
- Ability to stay ahead of the competition by having access to new features before anyone else.
Overall, ChatGPT is an impressive language model with some great pricing options that are sure to help users get the most out of it.
With its quick response times and early access to new features, the paid plan is sure to be a great investment for those who want to get the most out of ChatGPT.
Limitations of ChatGPT
ChatGPT has several limitations, including the fact that its data is limited to the year 2021, it sometimes writes incorrect answers, and can be biased towards certain topics.
In addition, it is sensitive to input phrasing. So, if you ask the same question in a different way then you can get different answers.
Furthermore, ChatGPT can be bypassed by users with prompt engineering techniques and may provide harmful instructions or queries despite being trained to refuse such requests.
Finally, it can provide users with information prior to 2021, which may not be accurate.
All of these limitations should be taken into consideration when using ChatGPT.
It is important for users to understand these potential issues in order to get the most out of their experience with the chatbot.
- It can give wrong answers.
- It’s data is limited to year 2021.
- Sometimes it gives biased answer.
- It can’t access internet.
- You can expect different answer if you ask same question in different way.
- It doesn’t provide the original source for given answer.
Alternatives of ChatGPT
Here are some major competitors of Chat GPT.
Are you looking for a ChatGPT Alternatives that answer your queries?
Look no further than YouChat! This powerful platform focuses solely on providing answers for specific questions. Plus, it fetches its data from the powerful You.com search engine, ensuring relevant and up-to-date results.
YouChat also offers conversational capabilities like ChatGPT but with an added bonus: it is connected to the internet! This means that it can access global resources, making sure that users get the most accurate results possible.
2. Google vs ChatGPT
Let’s see which one is better.
Where Does ChatGPT beat Google?
ChatGPT gives the instant answer to your questions and allows you to ask follow-up questions which is not possible with Google.
Due to its AI capabilities, It is also much faster than Google as it has no waiting time for loading the search results. In addition, you can have a conversation with ChatGPT which is not possible with Google.
Where Does Google beat ChatGPT?
Google beat ChatGPT in terms of providing accurate and comprehensive information.
As Google is a search engine, it has access to a much larger data set than ChatGPT. So, if you are looking for detailed answers, Google should be your go-to option.
In addition, ChatGPT data is limited to the year 2021 which can be a limitation when looking for more up-to-date information.
Also, ChatGPT clearly mentioned in its welcome message that it can give a biased answer, wrong answer, and may produce harmful instructions.
Overall, Google offers many advantages compared to ChatGPT in terms of providing comprehensive and accurate information and having access to a larger data set. Therefore, if you are looking for detailed answers, Google should be your go-to option.
Interview of Sam Altman: OpenAI CEO on ChatGPT-4, and the Future of AI
Click here to Watch this interview of Sam Altman which is available on Lex Fridman YouTube channel.
Here are some more statistics about ChatGPT’s parent company Open AI
- The CEO of OpenAI is Sam Altman.
- In 2015, OpenAI was formed by an impressive group of entrepreneurs – Elon Musk, Greg Brockman, Sam Altman, Ilya Sutskever, and John Schulman.
- A revenue of $200 million is expected by 2023 for the organization.
- To create an image with OpenAI, you need to supply a written prompt and it will cost you approximately 2 cents.
- Microsoft, Khosla Ventures, and LinkedIn co-founder Reid Hoffman have invested money in OpenAI.
- The secondary share sale of OpenAI valued it at $20 billion.
- For every 2,000 words of the content generated by developers licensing their technology, the company charges around a penny or just a little more.
- The revenue of OpenAI is expected to reach $1 billion by the end of 2024.
- The company has more than 100 employees.
- DALL-E launched in 2021, revolutionary software that takes data and produces images for users.
- As of December 2022, OpenAI skyrocketed to become the 1441st most visited website in the entire world!
- OpenAI launched GPT-3 in 2020. It is a language model that was trained using trillions of words from the internet.
- Nearly 48.98% of OpenAI’s website traffic is from direct links, while the other 43.63% comes from searches.
- From a non-profit in 2019, OpenAI became a “capped” for-profit in 2019. Profits on any investment are capped at 100X.
- OpenAI’s social media presence is most strongly represented on YouTube; nearly 46.55% of their total traffic originates from YouTube, whereas Twitter accounts for 18.39%.
- Microsoft, Khosla Ventures, and Infosys are among the companies backing Open AI.
- OpenAI started receiving more than 21 million monthly visitors from December 2022, after the launch of ChatGPT.
- An impressive 21% of all visits made to the OpenAI website come from the United States.
Frequently Asked Questions Related to Chat GPT
Who owns ChatGPT?
ChatGPT is owned by OpenAI, a San Francisco-based company that specializes in creating Artificial intelligence software. The CEO of ChatGPT is Sam Antman.
How much does the paid plan cost?
The paid plan of ChatGPT costs $42 per month. With the paid plan, users have access to faster response times, access to Chat GPT even when demand is too high and early access to new features before anyone else.
When was ChatGPT released?
ChatGPT was made available for public testing on 30th November 2022.
ChatGPT Users Count: How many users does ChatGPT have?
ChatGPT has millions of users. It has reached over 1 million news users within its first week of launch.
What are the Limitations of ChatGPT?
ChatGPT is still limited in the range of topics it can understand, so some queries may not be answered accurately. In addition, the ChatGPT doesn’t know anything that happened after 2021 because its data is limited up to year 2021. It means that the responses will not be accurate for queries that require more up-to-date information.
Final Words About ChatGPT User Statistics & Trends 2024
ChatGPT is one of the most popular and advanced artificial intelligence technology platforms available today. It has established itself as a leader in language models and continues to attract an increasing number of users around the world.
It has reached over 1 million new users within its first week of launch, making it one of the fastest-growing language models available.
It is also backed by companies like Microsoft, Khosla Ventures, and Infosys, which further shows its potential for growth.
I hope you found this ChatGPT statistics 2024 helpful.
If you still have any confusion regarding these ChatGPT stats 2024 then let me know via the comment below.
I’ll reply asap.
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- OpenAI ChatGPT FAQ page
- Tech Monitor