GITNUX MARKETDATA REPORT 2024

Must-Know Chat GPT-4 Statistics [Recent Analysis]

Highlights: The Most Important Chat GPT Statistics

  • ChatGPT is attracting an estimated 96 Million visitors per month.
  • By the end of the year 2024, OpenAI expects its revenue to increase to $1 billion.
  • ChatGPT has an accuracy of 85+ %, and it can even write flawless code snippets, making it a valuable tool for software engineering.
  • Microsoft invested $10 billion in OpenAI, gaining 46% of stake ownership of the company.
  • Chat GPT has gained 57 million users in its first month, and has been backed by Microsoft’s 10 billion USD investment in Open AI.
  • At Microsoft’s rate of 3 USD per hour for a single A100 GPU, each word generated by Chat GPT could cost 0.0003 USD.
  • Around 300 billion words were fed into the system of ChatGPT. The ChatGPT model has approximately 175 Billion parameters.
  • Chat GPT has impressive stats, with 175 Billion parameters and 570 GB data, which has helped it gain a large user base quickly.
  • Chat GPT has been dubbed “the best AI chatbot ever released” by the New York Times.
  • Openai.com’s audience is 65.13% male and 34.87% female. The largest age group of visitors are 25 – 34-year-olds (almost 35%).
  • ChatGPT cannot access the internet or external links. It can only provide information and answer questions based on the text it was trained on.
  • Chat GPT has already been used to create an info stealer, an encryption tool, and for dark web malware scripts.
  • By the end of the year 2024, OpenAI expects its revenue to increase to $1 billion.
  • GPT-4 is expected to be launched in 2023. It is expected to have 100x more powerful computation power than GPT 3.
  • GPT 4 is set to be 500x stronger than GPT 3, with a training set of 170 Trillion parameters, making it the most powerful AI engine ever seen.
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Welcome to our blog post about ChatGPT Statistics. Chatbots are becoming increasingly popular as a way to provide customer service, automate mundane tasks, and even provide entertainment.

In this post, we will take a look at some of the most interesting chatbot statistics and how they can help you understand the impact of chatbots on businesses and consumers alike. We’ll also explore the potential of chatbots in the future and how they can be used to improve customer service and increase efficiency.

General Statistics On Chat GPT

Chat GPT was launched on 30th November 2022, and has created a blizzard on the internet. OpenAI’s chatbot has broken all the records and has crossed 1 million users within one week of its launch. 

These numbers demonstrate the immense popularity of ChatGPT and its ability to capture an audience quickly. It also shows the power of OpenAI’s technology and how it is changing the way people interact with machines.

Microsoft invested $10 billion in OpenAI, gaining 46% of stake ownership of the company.

This shows the increasing interest from Microsoft in artificial intelligence, and the potential of OpenAI as a leader in the field. It also indicates that Microsoft is willing to invest heavily in the development of AI solutions, which could ultimately benefit many industries. Finally, the stake ownership of 46% shows that Microsoft has a great deal of influence over OpenAI’s direction and operations.

Chat GPT has gained 57 million users in its first month, and has been backed by Microsoft’s 10 billion USD investment in Open AI.

This statistic is important because it demonstrates the success of Chat GPT in the early stages of its launch, as well as the confidence that Microsoft has in its potential. This is significant because it shows that Chat GPT is a powerful tool that is gaining traction, and may eventually become a major competitor to Google in the search engine market.

By August 2023, it had 180.5 million users.

This rapid growth not only demonstrates the platform’s immediate impact but also sets it apart from competitors, making it the leader in the AI chatbot space.

Month Chat-GPT Users
December 2022 1 Million
January 2023 57 Million
February 2023 100 Million
June 2023 1.6 Billion

Chat GPT costs approximately 100,000 USD per day or 3 million USD per month to run. Microsoft’s Azure cloud is currently hosting this tool, so OpenAI doesn’t have to buy and set up its own physical server room.

It provides an estimate of the cost of using the tool on a large scale. This cost has to be weighed against the potential benefits of using Chat GPT, such as increased efficiency, improved accuracy, and faster results. As the cost of running Chat GPT increases, organizations will need to carefully consider the value it provides and whether the cost is justified.

At Microsoft’s rate of 3 USD per hour for a single A100 GPU, each word generated by Chat GPT could cost 0.0003 USD.

This information can be used to compare the cost of using ChatGPT to other natural language processing methods and to determine whether it is a cost-effective solution. Additionally, it can be used to calculate the total cost of running a chatbot powered by ChatGPT in order to better understand the economic impact of using this technology.

ChatGPT Parameters And Features Statistics

Around 300 billion words were fed into the system of ChatGPT. The ChatGPT model has approximately 175 Billion parameters.

By having access to such a large dataset of words, ChatGPT model can learn and understand complex patterns and nuances of natural language, making it easier for humans to interact with the system. This is a major step forward in the development of natural language processing.

Chat GPT has an accuracy of 85+ %, which is a good percentage, and it can even write flawless code snippets, making it a valuable tool for software engineering.

This matters because it can help to make intelligent people even more intelligent, rather than replacing them.

ChatGPT answered the Medical Licensing Exams similar to the level of a third-year medical student, with an accuracy of around 60% for the most difficult set of questions.

This fact helps to give an indication of the performance of the ChatGPT system. Knowing the accuracy of the system for a particular set of questions can help people to make an informed decision about using ChatGPT for medical-related questions. It also provides an indication of the level of medical knowledge that the system is capable of handling.

Chat GPT has impressive stats, with 175 Billion parameters and 570 GB data, which has helped it gain a large user base quickly.

It demonstrates the power of Chat GPT, which has been able to gain a large user base without having a solid business model. This shows the potential of the platform and how it can be used to create powerful applications.

How Popular Is ChatGPT?

Chat GPT has been dubbed “the best AI chatbot ever released” by the New York Times.

It reflects the success of ChatGPT in terms of its ability to provide intelligent and engaging conversation, and the level of satisfaction it has brought to its users. It is a testament to the quality of ChatGPT and its potential to become an even more widely used technology in the future.

Chat GPT has secured 100 million users globally in January 2023, which speaks to its immense popularity and the effectiveness of word-of-mouth marketing.

This shows the potential of Chat GPT to reach a large audience and become a successful platform.

Chat GPT is attracting an estimated 96 Million visitors per month, indicating that it is a popular platform for users seeking answers to queries that Google does not provide.

This high level of traffic is likely due to the fact that it offers a more comprehensive solution than simply consulting multiple blogs. This statistic is important as it demonstrates the success of Chat GPT and its ability to meet the needs of its users.

Openai.com’s audience is 65.13% male and 34.87% female. The largest age group of visitors are 25 – 34-year-olds (almost 35%).

This statistic provides insight into the demographic of Openai.com’s audience and can help inform decisions about which features or services to prioritize or emphasize when designing or developing ChatGPT. It can also help ChatGPT designers and developers determine which language and design elements will be most effective in reaching the target audience.

ChatGPT receives around 60 million daily website visits. The total monthly visits were 1.8 billion in April 2023, but this number fell to 1.43 billion in August 2023.

The Main Challenges In Using ChatGPT

Chat GPT is extremely powerful in churning out essays, solving math problems, and helping students do their homework without any mental effort. This posed a risk to the student’s creativity and problem-solving abilities. Many schools and universities have reportedly banned the use of Chat GPT.

There are some potential risks associated with using ChatGPT. It could hinder students’ creativity and problem-solving skills. Students and educators need to be aware of the potential risks of using ChatGPT and to ensure that its use is closely monitored and regulated.

The data available on ChatGPT is limited to the year 2021. The training of the model stopped in the year 2021. Hence, it does not provide the readers latest information or the latest updates.

This information shows the current capabilities of ChatGPT and the limitations it has. It can help users make an informed decision on whether to use the chatbot or not. It can also help developers and researchers understand the current state of the technology and plan future improvements.

ChatGPT cannot access the internet or external links. It can only provide information and answer questions based on the text it was trained on.

This statistic highlights the limitations of Chat GPT and its inability to access external sources of information. This means that Chat GPT cannot access any external sources that may provide additional information. This is important to keep in mind when relying on ChatGPT for answers and information.

Chat GPT has already been used to create an info stealer, an encryption tool, and for dark web malware scripts.

It demonstrates the versatility of ChatGPT and its potential to be used for malicious purposes. ChatGPT can be used to create complex and potentially dangerous tools, and that its capabilities should not be underestimated. It also highlights the need for security measures to be taken to protect against malicious applications created with ChatGPT.

The Future Of Chat GPT

OpenAI, the parent company of ChatGPT, is seeking a new valuation that could go up to $90 billion.

This is a substantial increase from its April 2023 valuation, which ranged between $27 billion and $29 billion. The new valuation underscores the platform’s success and the high expectations for its future contributions to OpenAI’s worth.

By the end of the year 2024, OpenAI expects its revenue to increase to $1 billion.

OpenAI, a leading artificial intelligence technology company, has the potential of becoming a major player in the tech industry. A $1 billion revenue mark would signal a major milestone for the company and could lead to increased investment and further innovation in the field of artificial intelligence.

At the moment, the following countries don’t have access to the ChatGPT and GPT-3 technology: China, Russia, Ukraine, Afghanistan, Iran, Belarus, and Venezuela.

Without access to these powerful tools, the populations in these countries could be at a significant disadvantage in terms of their ability to understand and interact with technology, and their ability to benefit from the data and insights these technologies can provide. Access to advanced technologies can be an integral part of economic and social development, so it is important to ensure that all countries have equitable access.

Numbers & Facts about ChatGPT 4

GPT-4 was released on March 14, 2023. This marks the latest milestone in OpenAI’s efforts to scale up deep learning technologies.

This shows the potential for further development and improvement of the technology. GPT 4 is expected to be much more powerful than GPT 3, which means it can be used for more complex tasks and applications. This could lead to more efficient and effective use of Chat GPT in various areas.

GPT-4 is more reliable, creative, and nuanced than its predecessor, GPT-3.5. It has been tested on a variety of benchmarks, including AP exams and GRE, where it outperformed GPT-3.5 in most cases.

GPT-4 is a multimodal model that can accept both text and image inputs. While the image input capability is not yet publicly available, it shows promise in handling a range of domains, including documents with text and photographs.

GPT 4 is set to be 500x stronger than GPT 3, with a training set of 170 Trillion parameters, making it the most powerful AI engine ever seen.

This is significant because it will revolutionize the way chatbots are used, allowing for more complex conversations and interactions.

GPT-4 scores 40% higher than GPT-3.5 on OpenAI’s internal adversarial factuality evaluations, indicating significant gains in the model’s ability to provide factual information.

Human-Level Performance: Top 10%

Scoring in the top 10% on professional exams suggests GPT-4 could be a game-changer in specialized fields, potentially reducing the need for human experts.

ChatGPT4 has a 40 % improvement in Internal Factual Evaluation

A 40% increase in factual accuracy makes GPT-4 more reliable for information retrieval and decision-making, although caution is still advised.

How does ChatGPT monetize? ChatGPT Plus and APIs

OpenAI now offers a subscription-based ChatGPT Turbo for $20/month. This faster version provides:

  • Access even in high demand periods.
  • Faster response times.
  • Early access to new features.

Despite this, OpenAI maintains a free ChatGPT version. Additionally, they’ve launched a Chat GPT API for developers, pricing GPT-4 at $0.03 per thousand tokens.

Conclusion

In conclusion, Chat GPT statistics show that chatbot usage is on the rise and will continue to be a popular way for businesses to interact with customers.

Chatbot technology is becoming increasingly sophisticated and can be used for a variety of purposes, from customer service to marketing. As chatbot technology continues to evolve, businesses should take advantage of the opportunities it presents to improve customer experience and increase efficiency.

References

DemandSage: “ChatGPT Statistics for 2023: Comprehensive Facts and Data”, cited March 2023. (Source)

SEO.ai: ChatGPT User Statistics & Facts (100 million users reached in January 2023)”, cited March 2023. (Source)

Meetanshi: “10 Fascinating ChatGPT Statistics & Facts [2023]”, cited March 2023. (Source)

Meetanshi: “20+ Epic ChatGPT Statistics & Facts [2023]”, cited March 2023. (Source)

Increditools: “ChatGPT Statistics 2023: How Many Users Does It Have?”, cited March 2023. (Source)

Springboard: “OpenAI GPT-3: Everything You Need to Know”, cited March 2023. (Source)

Medium: “GPT-4–100X More Powerful than GPT-3”, cited March 2023. (Source)

Towards Data Science: “GPT-4 Will Have 100 Trillion Parameters — 500x the Size of GPT-3”, cited March 2023. (Source)

Tooltester: “ChatGPT Statistics 2023”, cited March 2023. (Source)

Similarweb: “openai.com Ranking”, cited March 2023. (Source)

Nerdy Nav: “73 Important ChatGPT Statistics & Facts for March 2023 + Infographic”, cited March 2023. (Source)

ZipDo, cited June 2023: Chat Gpt Statistics

FAQs

What is ChatGPT?

Chatbot GPT is a type of artificial intelligence (AI) technology that enables machines to generate human-like conversations.

What is the purpose of ChatGPT?

The purpose of Chatbot GPT is to enable machines to interact with humans in a natural and conversational way.

What are the benefits of using ChatGPT?

The benefits of using Chatbot GPT include improved customer experience, increased efficiency, and cost savings.

How does ChatGPT work?

Chatbot GPT works by using natural language processing (NLP) algorithms to analyze user input and generate responses.

What are the applications of Chatbot GPT?

The applications of Chatbot GPT include customer service, virtual assistants, and automated marketing.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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