OpenAI's ChatGPT is rapidly gaining traction. According to The Information, the number of paid subscribers surged to 20 million within just three months, marking a 30% increase from 15.5 million at the end of last year. This reflects a growing interest in AI's capabilities for coding, article writing, and medical and financial consultations.

Currently, ChatGPT's monthly revenue stands at $415 million, equivalent to $5 billion annually. In addition to the standard ChatGPT Plus subscription priced at $20/month, OpenAI also offers a premium Pro plan for $200/month, further boosting revenue. Furthermore, the company earns from the use of its models through API, which generated around $2 billion in 2023. If this growth continues, OpenAI could achieve $12.7 billion in revenue by 2025, significantly exceeding the projected $4 billion in 2024.

Despite the overall growth, the share of paid users has decreased from 5% to 4%. However, the number of active users per week has risen to 500 million, a 43% increase from 350 million at the end of 2023.

It's worth noting that OpenAI recently completed a new funding round, raising $40 billion. This marks the largest funding round for a private tech company in history. Now, the company's valuation stands at $300 billion.