Shock to the system! ChatGPT revenue jumps, but gets beaten by other AI apps
ChatGPT took the world by storm when it launched in November 2022. The generative artificial intelligence (AI) powered chatbot gave people a glimpse of its ability by fulfilling tasks such as answering queries and generating complex content in a matter of seconds. What can take employees hours and days, it managed to finish in minutes. Since then, the AI chatbot has grown by leaps and bounds, with additional features such as Code Interpreter, DALL.E integration, and multi-modal capabilities. And even as it faces stiff competition from other chatbots such as Google's Bard and Microsoft's Bing, ChatGPT continues to dominate and has grabbed a huge market share. But surprisingly, it is not the one which brings in the most revenue!
Referencing a report by Apptopia, TechCrunch reported that despite being a market leader in the AI chatbot race, ChatGPT is beaten by a couple of apps in terms of revenue on the mobile platform. In September, consumer spending on ChatGPT amounted to almost $1.98 million. On the other hand, two apps, Chat & Ask AI and ChatOn — AI Chat Bot Assistant, have beaten it with $3.38 million and $2.11 million respectively in September. However, ChatGPT could get back on top again as consumer spending reached $2.39 million as of October 24.
OpenAI's chatbot is closely followed by AI Chatbot: AI Chat Smith which pulled in $1.72 million and AI Chatbot — Nova with $1.44 million in revenue.
Not just AI chatbots, but other AI-powered apps such as photo editing apps are also giving ChatGPT a run for its money. As per the report, a photo editing app called Remini reached a massive 16.17 downloads last month. Other photo editing apps in the race include PicsArt AI Photo Editor, FaceApp, Wonder — AI Art Generator, and
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