OpenAI's ChatGPT continues to see rapid user growth, with paying subscribers increasing 30 percent to 20 million users in just three months, according to The Information. The service now generates approximately $415 million monthly, putting it on track for $5 billion in annual revenue. The platform's total weekly user base grew even faster, reaching 500 million users. The proportion of paying users dropped from 5 to 4 percent. OpenAI revealed these figures while seeking $40 billion in funding at a $260 billion valuation. Despite the strong revenue growth, profitability remains elusive as the company increases investments and serves more free users. OpenAI CEO Sam Altman expressed concerns about capacity issues, warning that these constraints could lead to delayed product launches and service disruptions. The service added one million new users within a single hour, according to Altman, likely fueled by the hype about Ghibli-style image generation.
Hub AI in practice
Artificial Intelligence is present in everyday life – from “googling” to facial recognition to vacuum cleaner robots. AI tools are becoming more and more elaborate and support people and companies more effectively in their tasks, such as generating graphics, texting or coding, or interpreting large amounts of data.
What AI tools are there, how do they work, how do they help in our everyday world – and how do they change our lives? These are the questions we address in our Content Hub Artificial Intelligence in Practice.
OpenAI has temporarily stopped offering video generation to new Sora users amid overwhelming traffic to its services. The pause comes as the company grapples with intense demand for its new GPT-4o image feature following a viral Ghibli moment that OpenAI says is "melting GPUs". The restrictions only affect video capabilities - new users can still generate images through the service. The scale of demand becomes clear through OpenAI CEO Sam Altman's revelation that ChatGPT has gained more than one million new users "in the last hour." Despite the limitations for new accounts, OpenAI has actually expanded access for existing users. ChatGPT Plus, Team, and Enterprise subscribers can now create unlimited videos without spending credits, marking a significant shift in how the company offers video generation capabilities.
