Are you looking for ChatGPT statistics 2024?

If yes, you are in the right place. In this article, I will share all the details about ChatGPT and give you in-depth ChatGPT statistics that will surely blow your mind.

Nowadays, The name ChatGPT is on the mouth of every single person.

ChatGPT first launched on 30th November 2022 for the public and within one week it generated more than 1 million users.

Everyone is using ChatGPT and they get extremely amazed by the human-like ability of the tool.

Open AI, A San Francisco-based company (Which is also a creator of DALL·E 2 and Whisper) is behind the ChatGTP tool.

So, In this article, I am going to share lots of stats & trends of ChatGPT that you don’t know about.

ChatGPT Statistics & Facts 2023

  • ChatGPT gets 1 Million Users in a Week
  • OpenAI Valued at $29 Billion After ChatGPT
  • Over 300+ Million Monthly Visitors to OpenAI
  • ChatGPT to Hit $200 Million Revenue Goal in 2023
  • Microsoft Invested $1 Billion back in 2019
  • Microsoft in talk to Invest $10 Billion in OpenAI
  • World’s Largest Neural Network Powering ChatGPT
  • ChatGPT Language Model Training
  • ChatGPT Features & Limitations
  • OpenAI Statistics

What is Chat GPT?

chatgpt statistics

ChatGPT is an artificial intelligence language model developed by OpenAI that can generate human-like text based on the input it receives.

The GPT stands for Generative Pre-trained Transformer. ChatGPT runs on GPT 3.5 technology which is the upgraded version of GPT 3 technology

After launching, ChatGPT went viral on the internet. Everyone is sharing their screenshots about ChatGPT output on Twitter.

It was trained on a massive dataset of internet text and used a deep learning technique called transformers to generate responses to text-based prompts. 

ChatGPT can be used for various applications such as chatbots, language translation, and text summarization.

In simple words, ChatGPT helps you to generate ideas from scratch, develop business ideas, give you suggestions on any topic, write blog posts, write books, and codes, and find bugs in code with an explanation of the error.

For your better understanding, I compare ChatGPT and OpeniAI on Google trends that show you how ChatGPT searches are growing around the world.

chatgpt statistics

You can see the peak level of ChatGPT searches compare to the OpenAI searched on Google. It can do many things you can’t imagine. 

How Does ChatGPT Work?

ChatGPT is a variant of the GPT (Generative Pretrained Transformer) architecture, developed by OpenAI. 

It’s a deep learning-based natural language processing model trained on a large corpus of text data to generate human-like responses to text inputs. 

It uses a Transformer-based neural network architecture, which is designed to handle sequential data (such as text). 

During the training process, the model learns patterns in the text data and uses them to generate responses. 

chatgpt statistics

When given a prompt, the model generates a response by predicting the next word in the sequence, given the context of the previous words. 

The model can be fine-tuned for specific use cases to improve its accuracy.

Also Read: ShortlyAI Review 2024: Can It Write Better Than a Writer?

ChatGPT Statistics & Facts 2024

Parent CompanyOpenAI
Launch on30th November 2022
FoundersSam Altman(CEO), Elon Musk(Co-founder OpenAI)
Head QuarterSan Francisco
Company Valuation$29 Billion
Pricing Plans:Free Plan Available
Paid Plan: $42/month
Languages SupportedEnglish, Spanish, German, French, Italian, Dutch, Portuguese, Russian, Chinese, Japanese, and Korean
Type of TechnologyLarge Language Model
Backed byMicrosoft, Khosla Ventures, and LinkedIn co-founder Reid Hoffman
Dataset Size300 billion words, 570 GB
Queries Per DayApprox 10 million
Users1 Million+
Predicted RevenueUSD 1 billion by end of 2024

Best ChatGPT Statistics In-Depth

ChatGPT Statistics & Trends

The Stats of ChatGPT is really incredible, from funding to the user base it crossed too many records.

Lots of tech enthusiasts are finding a way to use this tool by finding the capabilities of ChatGPT.

I am going to mention some ChatGPT statistics below and after reading these stats you will definitely be a fan of this.

Founder of OpenAI

OpenAI is a private research organization that was founded in 2015 by a group of prominent individuals in the tech industry, including Elon Musk, Sam Altman, Greg Brockman, Ilya Sutskever, John Schulman, and Wojciech Zaremba.

The current CEO of OpenAI is Sam Altman.

While the development of ChatGPT was the result of collaborative efforts by the OpenAI team, it is not appropriate to attribute its creation to any one individual.

Funding Raised By ChatGPT

You may know this type of technology needs a huge amount of funding to be developed.

In 2019, Microsoft understand the power of AI in the future and invested $1 billion in OpenAI (The company behind ChatGPT).

OpenAI is founded by Tesla Inc CEO Elon Musk and investor Sam Altman.

These big names behind OpenAI give assurance to the investors that it will become a future need for everyone.

Now, Microsoft is in talks to invest $10 billion in OpenAI to become the biggest stakeholder in the company.

After that Microsoft would have a 49% stake in OpenAI while other investors have a 49% stake and OpenAI’s nonprofit gets a 2% stake.

Userbase of ChatGPT

You get shocked after knowing that ChatGPT gained 1 million users within the first week of its launch. 

This is confirmed by Greg Brockman, co-founder of ChatGPT on Twitter.

chatgpt stats & trends

 Since then, ChatGPT receives over 100 million users.

ChatGPT Valuation 

After the launch of ChatGPT the company behind this tech innovation is the most valuable US business now.

All thanks to Microsoft who invested $1 billion in OpenAI in 2019 and is planning to invest $10 billion more in the company.

This makes Microsoft the biggest shareholder in the company.

After this investment OpenAI’s worth reaches $29 billion which makes OpenAI the most valuable business in the US.

OpenAI Monthly Visitors

The traffic data of OpenAI will blow your mind. Before the launch of ChatGPT, they were getting 18 million monthly visits.

But in November 2022, after launching the ChatGPT, OpenAI receives 300 million traffic every month.

They are now getting more than 304 million traffic monthly.

Isn’t it a huge success of ChatGPT statistics?

ChatGPT Revenue

Let’s explore the revenue expectations of OpenAI in our ChatGPT statistics.

When ChatGPT was launched it was free for everyone as the company wants everyone to use the platform and explore the high standard of the tool.

No doubt, it is the future tool of everyone’s needs.

So, the company is expected to generate a revenue of $200 million in 2023 and even more.

In fact, one research says that the company will generate more than $1 billion in revenue in the year 2024.

ChatGPT Language Support

ChatGPT is trained to generate text in multiple languages, including English, Spanish, German, French, Italian, Dutch, Portuguese, Russian, Chinese, Japanese, and Korean

However, its performance may vary depending on the language and the complexity of the task.

It generates better results in the English language.

The goal of training ChatGPT is to allow it to generate human-like text in response to a prompt, making it useful for a variety of natural languages processing tasks such as language translation, text summarization, question-answering, and conversational AI.

Features of ChatGPT

ChatGPT is a language generation model developed by OpenAI, which has the following features: 

Generative Model: ChatGPT is trained to generate text based on a prompt, making it useful for conversational AI and other natural language generation tasks. 
Large-Scale Training: ChatGPT has been trained on a massive corpus of text from the internet, allowing it to generate human-like responses to a wide variety of prompts.
Multi-Language Support: ChatGPT has been trained in many different languages, including English, Spanish, German, French, Italian, Portuguese, Dutch, Russian, Arabic, Chinese, Japanese, and Korean, among others.
Contextual Understanding: ChatGPT uses the transformer architecture, which allows it to understand the context of a prompt and generate text that is appropriate and relevant to the context.
API Access: OpenAI provides API access to its models, including ChatGPT, which allows developers to easily integrate its capabilities into their applications.
Fine-Tuning: ChatGPT can be fine-tuned for specific tasks or domains, allowing businesses and organizations to tailor their capabilities to their needs.
Open-Source: OpenAI has made the code for its models, including ChatGPT, available as open-source software, allowing researchers and developers to build upon its work.

Limitations of ChatGPT

ChatGPT, like all language models, has certain limitations that are important to consider: 

Biased Output: ChatGPT has been trained on text from the internet, which can contain biases and stereotypes. As a result, the model may generate text that is biased or offensive.
Lack of Common Sense: ChatGPT has not been explicitly trained on common sense knowledge, so it may generate responses that are nonsensical or inconsistent with real-world knowledge. 
Limited Interpretation of Intent: While ChatGPT can generate text that is appropriate for a given prompt, it does not have a deep understanding of the meaning or intent behind the prompt.
Factual Accuracy: ChatGPT has been trained on text from the internet, which can contain inaccuracies or false information. The model may generate text that is incorrect or misleading. 
Lack of Creativity: ChatGPT generates text based on patterns it has seen in its training data. While this can lead to highly coherent and plausible responses, it can also limit the model’s ability to generate truly creative or original text.
Privacy and Security: OpenAI’s language models, including ChatGPT, have access to vast amounts of personal and sensitive information. Careful consideration must be given to privacy and security when using these models in sensitive applications.

In Which Country ChatGPT is not Available?

ChatGPT is not available in some countries due to security reasons. Here is the detailed list of those countries where ChatGPT or GPT3 technology is not accessible: 

  1. China 
  2. Russia 
  3. Ukraine 
  4. Afghanistan 
  5. Iran 
  6. Belarus
  7. Venezuela.

The people who are living in this country will not be able to access the ChatGPT or GPT-3 technology.

They will also be able to use this technology when the security concern will be cleared.

OpenAI Statistics

Sam Altman is the current CEO of OpenAI
In 2015, Open AI was founded by a group of individuals in the tech industry, including Elon Musk, Sam Altman, Greg Brockman, Ilya Sutskever, John Schulman, and Wojciech Zaremba.
By 2023, the company expects to generate $200 million in income.
The firm employs more than 100 people.
Companies including Microsoft, Khosla Ventures, and Infosys support Open AI.
The business charges about a cent or somewhat more for every 2,000 words of content produced by developers who have licensed its technology.
By the end of 2024, OpenAI’s income is anticipated to exceed $1 billion.
GPT-3 technology was released by OpenAI in 2020. It is a language model that was developed utilizing billions of online words.
According to statistics from December 2022, OpenAI rose to be the 1441st most visited website worldwide.
Direct links make up over 48.98% of the traffic to OpenAI’s website, while searches account for the remaining 43.63%.
YouTube accounts for 46.55% of OpenAI’s social traffic, while Twitter accounts for 18.39%.
United States visitors account for an amazing 21% of all website visits to OpenAI.

Let’s explore OpenAI statistics, the main company behind ChatGPT.

ChatGPT Pricing 2024: How Much Does ChatGPT Cost?

ChatGPT pricing

When ChatGPT was launched, It was free to use for everyone. However, OpenAI launched paid plans for those who want additional features and fast responses. 

The ChatGPT paid plan was launched on 21 January 2023. 

Even during times of peak demand, access is available with this $42 monthly package. It helps users to respond more quickly, which can help them find the information they need more easily.

Users of ChatGPT who choose the subscription plan will also have first access to new features, giving them the opportunity to remain ahead of the competition and get the most out of ChatGPT.

What’s Included in ChatGPT Paid Plan?

I am going to explain ChatGPT in simple words below:

  • You will get an instant response when the demand is high.
  • The paid plan gives you more priority which helps you to get a faster response in a timely manner.
  • You will get access to the new features that may be introduced in the future.  

The paid plan brings more accurate and quick responses compared to the free plan which has some limitations.

So, purchasing the ChatGPT paid plan will surely be worth your money.

Final Words about ChatGPT Statistics 2024

No doubt, ChatGPT is becoming the future of getting new things and solutions to any problem in the world.

I personally used ChatGPT and was shocked by the output of the questions that I asked from the tool.

According to the New York Times in December 2022, ChatGPT is labeled as the best artificial intelligence chatbot that has ever been released to the general public.

ChatGPT is now used by millions of users monthly and they receive good results.

So, this is all about ChatGPT statistics 2024. I hope this article helps you to get all your knowledge about ChatGPT.

If you have any queries, let me know in the comments box below.

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