ChatGPT, Fastest Growing App, Experiences Monthly Traffic Decline for the First Time: SimilarWeb Report

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ChatGPT Loses Monthly Traffic for the First Time in June

Analyst firm SimilarWeb reports that ChatGPT, a popular chatbot launched in November, lost monthly traffic in June for the first time in its site’s history.

Similar web data showed that global demand for desktop and mobile visits was down 9.7% in June compared to May, while the total number of site users was down 5.7%. The time visitors spent browsing the site also decreased by 8.5%.

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ChatGBT sparked a surge in the use of generative AI in everyday tasks from traditional typing to writing cryptographic codes, reaching 100 million monthly active users in January, just two months after its launch.

Fastest Growing Application

It is the fastest growing app ever offered to users, boasting 1.5 billion visits per month and is ranked among the top 20 websites in the world.

For example, the number of visits to ChatGPT far exceeds the number of visits to the Bing search engine, which is run by Microsoft, an OpenAI proponent that uses its technology.

Several competing apps for ChatGBT have been launched over the past few months, including Google-owned chatbot Cool. The Microsoft Bing search engine also offers a free chatbot developed by OpenAI.

“I think when you get 100 million users from scratch so quickly, it becomes more of a challenge,” says Sarah Hindlian Bowler, Head of Technology Research at Macquarie Americas. “Very heavy infrastructure will result in a lower resolution. change The model educated him and the need to deal with the potential consequences of regulation.”

Possible Negative Factors

Also in May, OpenAI released the ChatGBT app for the Apple iOS operating system, which may distract some visitors from the website. Some also attribute the change in the number of users to the summer holidays in schools, when fewer students will ask for help with homework.

The recent slowdown in growth could help control the cost of running GPT Chat, which requires huge computing resources to respond to queries. Sam Altman, CEO of OpenAI, described the costs of maintaining the services as “huge”.

ChatGBT is free to use, but it also offers a premium subscription for which users can pay $20 per month to enjoy the services of the most advanced GPT-4 model. IbIt Data estimates that more than half a million people signed up for the subscription.

OpenAI expects to generate $200 million in revenue this year. In addition to ChatGPT, the company makes money by selling access to its AI models through APIs directly to developers and companies, as well as through a partnership with Microsoft, which has invested more than $10 billion in the startup.

Brice Foster
With over a decade of experience, Brice Foster is an accomplished journalist and digital media expert. In addition to his Master's in Digital Media from UC Berkeley, he also holds a Bachelor's in Journalism from USC. Brice has spent the past five years writing for WS News Publishers on a variety of topics, including technology, business, and international affairs.

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