ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm Similarweb.
"I think there are growing pains when you go from zero to 100 million users that quickly. The extraordinarily heavy infrastructure would result in less accuracy. It's a combination of having to change what the model is trained on and having to deal with the potential implications of regulation," said Sarah Hindlian-Bowler, head of Technology Research Americas at Macquarie.in May, which could sap some traffic from its website.
The recent slowdown in growth might help control the cost in running ChatGPT, which requires intensive computing power to answer queries. Sam Altman, chief executive at OpenAI, has described the cost of running the services "eye-watering." ChatGPT is free to use but also provides a premium subscription, where users can pay $20 a month to access OpenAI's more advanced model, GPT-4. Some 1.5 million people have signed up for the subscription, according to the latest estimates from YipitData.
OpenAI has projected $200 million in revenue this year. Besides ChatGPT, it makes money by selling API access to its AI models for developers and enterprises directly and through a partnership with Microsoft, which invested over $10 billion into the company.
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