Recently, a report by foreign media "Analytics India Magazine" pointed out that the number of users of artificial intelligence ChatGPT is rapidly declining, it had 1.7 billion users in June, but it became 1.5 billion in July, that is, a full 12% of users, plus other companies are also launching similar generative AI, under the loss of customers and continuous losses, ChatGPT's parent company Open AI may face bankruptcy at the end of 2024.
When it comes to ChatGPT, many people use it to collect information and even write copy, and although its database is as of September 2021, the accuracy of the answers is debatable, but the time it saves users is indeed very considerable. Its parent company, founded in 2015, received investment from Microsoft, and became popular after launching the free version of ChatGPT in November 2022, with 100 million registered users in just two months after its launch, breaking the world record in the AI industry at that time.
Since the birth of ChatGPT, users have begun to use AI functions more frequently, such as organizing reports, writing programs are a piece of cake, and ChatGPT can also help you write articles, arrange travel itineraries, draw and so on. Therefore, at that time, ChatGPT and AI-related topics were also quite popular, including related concept stocks in the stock market.
But the good times are not long, because ChatGPT is a language learning model, all user information has become a database, such an operational basis has stepped on the minefield of many enterprise companies, that is, there is a risk of leaking secrets, so technology giants such as Samsung and Apple, and even banks in many countries have explicitly prohibited employees from using ChatGPT.
In addition, Meta, xAI, Google are developing their own AI language models, and what is worse is the GPU graphics processor used to train ChatGPT-5, which is still out of stock, under such a multiple blow, it directly leads to a decline in the number of ChatGPT users, as well as financial losses.
Foreign media "Analytics India Magazine" reported that OpenAI's daily operating costs are currently $700,000, and the loss in May alone has reached $540 million. Although Microsoft still has $10 billion invested to support operations, if it cannot continue to find new investors, it may file for bankruptcy as soon as the end of 2024.
Even though OpenAI expects annual revenue of $200 million in 2023 and $1 billion in 2024, the signs are worrying. I have to say that ChatGPT has only been popular for less than a year and 1 year before the news of bankruptcy came out, and the reality is really cruel. But no matter how AI updates iterations, the biggest beneficiaries will be ordinary users who use it. Imagine what the future of AI will become. And how will they affect our lives?