ChatGPT Nears 700 Million Weekly Users, Up 4x From Last Year

OpenAI's ChatGPT is on track to hit 700 million weekly active users, 'up from 500 million in March, marking a more than fourfold year-over-year surge in growth,' reports CNBC. From the report: The figure spans all ChatGPT artificial intelligence products -- free, Plus Pro, Enterprise, Team, and Edu -- and comes as daily user messages surpassed three billion, according to the company. The growth rate is also accelerating, compared with 2.5 times year-over-year growth at this time last year. 'Every day, people and teams are learning, creating, and solving harder problems,' said Nick Turley, VP of product for ChatGPT, in announcing the benchmark.

OpenAI now has five million paying business users on ChatGPT, up from three million in June, as enterprises and educators increasingly integrate AI tools. OpenAI's annual recurring revenue is now at $13 billion, up from $10 billion in June, with the company on track to surpass $20 billion by year-end. Even at a $300 billion valuation and $20 billion revenue run rate, OpenAI will need massive capital to support its global push.

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