OpenAI, an AI startup, announced on Thursday that ChatGPT, its chatbot, now has over 200 million active weekly users—double what it had during the previous fall season.
According to OpenAI CEO Sam Altman, ChatGPT, which started in 2022, has 100 million weekly active users and can produce human-like responses depending on user suggestions.
According to OpenAI, 92% of Fortune 500 businesses use its products, and since ChatGPT-4o mini’s launch in July, the number of people utilizing its automated Application Programming Interface, or API,—which enables software to communicate with one another—has doubled.
GPT-4o Mini is a cost-effective, compact AI model designed to make OpenAI’s technology more affordable and energy-efficient, enabling the startup to reach a wider customer base.
ChatGPT has significantly boosted AI’s popularity and contributed to the soaring valuation of the San Francisco-based OpenAI.
In a separate development, AI startups OpenAI and Anthropic have signed agreements with the U.S. government for the research, testing, and evaluation of their artificial intelligence models, according to the U.S. Artificial Intelligence Safety Institute.
Media reports indicate that Apple and Nvidia are in discussions to invest in OpenAI as part of a new fundraising round that could value the ChatGPT creator at over $100 billion.
Additionally, sources state that Microsoft, an OpenAI supporter, plans to invest in the company.