financetom
Business
financetom
/
Business
/
OpenAI says ChatGPT's weekly users have grown to 200 million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
OpenAI says ChatGPT's weekly users have grown to 200 million
Aug 31, 2024 9:10 AM

(Reuters) - AI startup OpenAI said on Thursday its chatbot ChatGPT now has more than 200 million weekly active users, double the number it had in the last fall season.

ChatGPT, launched in 2022, can generate human-like responses based on user prompts and had 100 million weekly active users, OpenAI CEO Sam Altman had said in November.

OpenAI said 92% of Fortune 500 companies are using its products and the use of its automated Application Programming Interface, or API, which allows software programs to talk to each other, has doubled since the launch of ChatGPT-4o mini in July.

GPT-4o mini is a cost-efficient small AI model, aimed at making its technology more affordable and less energy-intensive, allowing the startup to target a broader pool of customers.

ChatGPT has driven AI's popularity and fueled a meteoric rise in the valuation of the San Francisco-based OpenAI.

Separately, AI startups OpenAI and Anthropic signed deals with the U.S. government for research, testing and evaluation of their artificial intelligence models, the U.S. Artificial Intelligence Safety Institute said earlier in the day.

Media reports said Apple ( AAPL ) and Nvidia ( NVDA ) are in talks to invest in OpenAI as part of a new fundraising round that would value the ChatGPT maker above $100 billion.

OpenAI-backer Microsoft ( MSFT ) is also expected to invest in the firm, according to the reports.

(Reporting by Juby Babu in Mexico City; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US SEC poised to review IPO bar on mandatory shareholder arbitration
US SEC poised to review IPO bar on mandatory shareholder arbitration
Sep 17, 2025
WASHINGTON (Reuters) -Wall Street's top regulator will on Wednesday consider a policy change that could allow companies going public to force shareholders to resolve disputes in private arbitration rather than through court litigation, in a major shift that could weaken investor rights.  The Securities and Exchange Commission has a long-standing unwritten rule that companies looking to make their Wall Street...
What's Going On With Lucid Group Stock?
What's Going On With Lucid Group Stock?
Sep 17, 2025
Shares of electric vehicle maker Lucid Group Inc ( LCID ) are trading higher Wednesday, continuing a recovery from a 52-week low set earlier in the month. What To know: Wednesday’s rebound follows a turbulent period for the company. Investor sentiment soured in early September after Lucid executed a 1-for-10 reverse stock split and lowered its 2025 production forecast to...
Workday Likely Able to Achieve Medium-Term Targets, RBC Says
Workday Likely Able to Achieve Medium-Term Targets, RBC Says
Sep 17, 2025
11:24 AM EDT, 09/17/2025 (MT Newswires) -- Workday (WDAY) is likely able to achieve its medium-term targets, RBC Capital said in a note Tuesday following its annual Rising customer conference and analyst day in San Francisco. At the event, Workday set financial framework for fiscal 2028 that included targets for 13% to 14% in subscription revenue growth and about 35%...
Denmark to acquire long-range precision weapons
Denmark to acquire long-range precision weapons
Sep 17, 2025
COPENHAGEN (Reuters) -Denmark plans to acquire long-range precision weapons to boost its security, in a paradigm shift driven by Russia's threat to Europe, Prime Minister Mette Frederiksen said on Wednesday. There is no doubt that Russia will be a threat to Europe and Denmark for years to come, Frederiksen told reporters. The acquisition could include missiles and drones, Defence Minister...
Copyright 2023-2026 - www.financetom.com All Rights Reserved