Business

OpenAI's ChatGPT Surpasses 20 Million Paid Subscribers, Signaling Massive Growth in AI Chatbot Market

ChatGPT's Remarkable Growth in Paid Subscriptions

OpenAI Inc.'s ChatGPT has achieved a significant milestone by reaching 20 million paid subscribers, as reported by The Information on Tuesday. This marks a substantial increase from the 15.5 million subscribers recorded at the end of 2024.

Financial Performance and Future Projections

The AI chatbot is now generating an impressive $415 million in revenue per month, showcasing a 30% growth from the previous year's $333 million. With this trajectory, OpenAI is poised to potentially achieve a staggering $12.7 billion in revenue for 2025, a significant leap from the $4 billion reported the prior year.