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AI News: ChatGPT just broke the speed record

The next great tech story is currently being written

According to Nerdy Nav, ChatGPT broke the record for fastest-growing platform.

  • Users - ChatGPT crossed 1 million users in 5 days of launch (30NOV2022) and set the record for the fastest-growing platform by gaining 100 million users by January. It reached 1 billion visits in February and 1.6 billion visits in March 2023.

  • Valuation - After the launch of ChatGPT, OpenAI was valued at $29 billion dollars. Microsoft has invested $10 billion in Open AI and Bing got a 15% Daily Traffic Bump from ChatGPT Integration.

  • Smarts - GPT-4 (available in ChatGPT Plus) has shown “Sparks of AGI” and scored in 90th percentile of several hard human examinations like US BAR exam, International Biology and Math Olympiads.

Everything is speeding up

While Facebook initially limited its user base to college students, it still took them roughly 10 months to amass 1 million users. In contrast, ChatGPT accomplished this feat within just five days of its launch. Of course, with the exponential growth of AI chatbots and the vast number of social media users in recent years, it's not uncommon for new platforms to gain rapid traction. Nevertheless, both Facebook and ChatGPT are excellent examples of how cutting-edge technology can quickly revolutionize the way people interact and build relationships, and transform the way people communicate and connect with each other.

The Proud Parent

OpenAI is the software publisher for ChatGPT and DALL-E. OpenAI’s monthly page views jumped from 18.3 million in November 2022 to 304 million in December 2022, a 1561% increase after the launch of ChatGPT.

  • OpenAI ranked 44th in January 2023 based on traffic globally after announcing ChatGPT.

  • OpenAI created ChatGPT. Open Al also created Dall-E, an image-generation AI.

  • OpenAI was co-founded by Elon Musk and is based out of San Francisco (HQ: Pioneer Building in Mission District, San Francisco). Other co-founders were. Sam Altman, Greg Brockman, Ilya Sutskever, John Schulman, and Wojciech Zaremba. However, in 2018, Elon Musk stepped down from the OpenAI board due to potential conflicts of interest with his work at Tesla and SpaceX.

  • After the launch of ChatGPT, OpenAI was valued at $29 billion dollars.

Nice F’ing Returns

According to Crunchbase, initial investment into OpenAI was a mere $120k pre-seed in August 2016. After the launch of ChatGPT in November 2022, OpenAI was valued at $29 billion dollars.