ChatGPT conquers the world with 100 million users after two months of launch

The 100 million users/month milestone makes ChatGPT the fastest growing user app in history.

A UBS study citing data from analytics company Similar Web shows that about 13 million people used ChatGPT/day in January, twice as many as in December 2022.

UBS analysts estimate that in the past 20 years, there has never been an Internet application with such a fast-growing user base. Sensor Tower statistics show that the short video sharing platform TikTok needs 9 months after its global release to reach 100 million users, while Instagram takes up to 2.5 years, and the Google Translate translation application is 6.5. year.

ChatGPT is now released for free. On February 2, OpenAI launched a $20/month subscription for ChatGPT Plus, providing users with a more stable, faster service and advanced features compared to the free version.

Analysts believe that ChatGPT will help OpenAI gain an edge over other AI developers. The growing number of users will provide valuable feedback to help upgrade the chatbot. However, this tool also poses many problems with the risk of misinformation and academic fraud.

Last month, Microsoft announced a billion-dollar investment in OpenAI.

Facebook hits 2 billion daily users

On February 1, the chief executive officer (CEO) of Meta Platforms Inc. (referred to as Meta) – billionaire Mark Zuckerberg – said that the number of daily users of the social network Facebook has reached 2 billion for the first time.

According to Mr. Zuckerberg, this is considered a demonstration of the success of the improved algorithms on the Reels feature developed by Meta, which is to provide a more effective short clip creation service for users on Facebook and the application. Instagram photo sharing.

Meta is already in fierce competition with TikTok – the Chinese short-form video sharing platform, a formidable competitor that has attracted a lot of young users in an area where Instagram once dominated.

The company’s founder also praised artificial intelligence (AI) improvements in ad coordination, after Apple tweaked user privacy rules on iPhones – a move that severely hinders focus on Meta’s ability to target targeted advertising customers.

According to CEO Zuckerberg, Meta’s 2023 management theme is the “Year of Efficiency,” in which the company’s leadership will strive to become “a stronger and more resilient organization.”

He said Meta is working on eliminating layers of middle management, as well as implementing AI tools to help engineers work more efficiently. In addition, Meta will also be more active when it comes to cutting down inactive or non-priority projects.

Last November, the company also announced it would lay off 11,000 people – or 13% of its total staff. This is the largest staff reduction in Meta’s history to date.

According to Meta, the social media giant’s revenue fell 1% to $116.6 billion in 2022. This is the first time the company’s revenue has declined since the company’s launch. them in 2012. However, the drop was still much lower than previously expected, and this sent Meta’s share price skyrocketing.

In the last trading session of 1-2 days, Meta’s share price increased by more than 19%, to 182.83 USD/share.

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