ChatGPT nears 700 million users: Is this the future of conversation?

ChatGPT nears 700 million users: Is this the future of conversation?

New Delhi: ChatGPT, the most popular AI conversation application, has now become a daily habit for users in their lives. ChatGPT is seeing explosive growth, and it’s close to reaching 700 million active users per week. Nick Turley, OpenAI’s VP and Head of the ChatGPT application, announced the milestone on X (formerly Twitter). The surge in ChatGPT’s user growth is largely attributed to GPT-4’s image generation feature that led to the viral Ghibli trend earlier in April. With the upcoming GPT-5 release, ChatGPT is expected to gain even more users in the upcoming months. As for the Google Gemini, CEO Sundar Pichai recently tweeted that the Gemini has over 450 million monthly active users.

OpenAI is also seeing the huge revenue growth from the paying customers, and CNBC reported that paying business customers of ChatGPT have soared to 5 million, up from 3 million a few months ago. OpenAI’s annual recurring revenue also surged to $13 billion, an increase from $10 billion in June, and it is expected to hit $20 billion by year-end. However, OpenAI’s rival Anthropic has seen a revenue jump from $4 billion in June to $5 billion in July. The company is aiming to hit $9 billion by the year-end.

Since ChatGPT is popular among customers, OpenAI earns its revenue mostly from consumer subscriptions, followed by business customers. On the API side, Anthropic has overtaken OpenAI and now earns $3.1 billion, compared to OpenAI’s $2.9 billion. However, OpenAI is also making changes to ChatGPT to make it less sycophantic and grounded in honesty. In April, OpenAI pulled back an update to ChatGPT that made it too agreeable and sycophantic to users’ queries.

Punit Panchal
Senior Editor

I’m a content writer specializing in tech, creating clear, engaging, and SEO-friendly content that simplifies complex topics. From emerging technologies to product insights, I focus on delivering value-driven content that connects with readers and ranks effectively.

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