Updated: January 14, 2023
ChatGPT is a transformer-based language model trained on a large dataset of text data. It uses deep learning techniques to perform a variety of natural language processing (NLP) tasks, such as language translation, text summarization, and question answering with high accuracy. It can also generate human-like text, making it a powerful tool for conversational AI and creative writing.
Marketers are worried and also super pumped at the same time about ChatGPT. A text-generation language model which can generate NLP-based high-quality text and answers specific questions with exceptional accuracy.
OpenAI launched the research preview and this powerful tool has become extremely popular. Businesses are using it in a number of creative ways.
Here is how ChatGPT answers when humans try to confuse it with tricky questions and what Elon Musk has to say about ChatGPT 🙂
Exceptionally Good AnswersFirst #ChatGPT answer which made me pause. pic.twitter.com/nbc9uRoWlA
— Kevin Schawinski (@kevinschawinski) January 12, 2023
Elon Musk Response To ChatGPTChatGPT is scary good. We are not far from dangerously strong AI.
— Elon Musk (@elonmusk) December 3, 2022
Now you may say it’s just a language model. Real clever are doing crazy things with this tool. Recently a guy “Shawn” with no coding experience created a tool with ChatGPT and sold it to originality.ai for $10 Grand. Just Woow
Guy Created Tool With ChatGPT, Sold For 10 Grand (Wow)Here’s how ChatGPT helped me create a chatbot, sell it for $10,000 to https://t.co/OkyfX3CORy, score a bologna sandwich, and meet new friends all in less than 2 days 👇
— Shawn (@shwnhll) January 12, 2023
We have been collecting stats about ChatGPT for over a month and curated this list of facts, data, research, and stats related to ChatGPT.
Editor’s Top Picks – ChatGPT Statistics
- The training of ChatGPT-3 took 4 days using 2048 TPU v3 chips (Source: OpenAI)
- ChatGPT-3 is 175 times larger than the previous version. (Source: OpenAI)
- OpenAI Projects $1 Billion Revenue By 2024 (Source: Reuters)
- ChatGPT Will Be Monetized Soon As Cost To Run ChatBot Are “Eye-Watering” (Source: Sam Altman)
ChatGPT Facts:
- Launch Date – 30 November 2022
- Parent Company – OpenAI
- Head Quarters – San Francisco
- Founders – Sam Altman (CEO), Elon Musk (Co-founder of OpenAI), Reid Hoffman(Co-founder Of Linkedin)
- Backed By – Companies Like Microsoft, Khosla Ventures, and Infosys
ChatGPT Statistics, Facts, & Usage
First, let’s take a look at some general ChatGPT statistics that provide an overview of this new AI language model
Latest Development:
Microsoft Announces ChatGPT-powered Bing, Google CEO Declares ‘Code Red’
Google CEO Sunder Pichai has declared Code-Red in response to ChatGPT powered Bing search engine. With this level of ai assistant, Bing can Seriously Challenge Google’s hegemony over the internet search
Source: Datanami
1. ChatGPT Closes In On Valuation Of $30 Billion, Already In Talks To Raise Capital
OpenAI the company behind ChatGPT is in talks to sell its existing shares in an offer that values the company at a $30 billion valuation. (Reported WSJ, Reuters citing people familiar with the matter
Source: Reuters
2. Microsoft is reportedly eyeing a $10 billion investment into OpenAI (Reports)
Semafor reported recently that Microsoft has been in talks with the owner of ChatGPT to invest $10 billion into the company. This thrilled the public as the OpenAI just launched a month ago.
Source: Semafor
3. ChatGPT Owner Projects $200 million in revenue in 2023, and $1 Billion by 2024
Reuters reported that ChatGPT projects roughly $200 million in revenue in 2023 and is expected to grow its revenue to $1 billion by the end of 2024.
Source: Reuters
4. ChatGPT is “AT CAPACITY” Message because of exponential requests and demand from the users
Within a month or two, ChatGPT has become extremely popular and the user requests are rising o fast that the tool is displaying an “AT CAPACITY” message which makes frustrated users wait for days to try out the features of ChatGPT.
Extreme Demand For ChatGPTthere is a lot more demand for ChatGPT than we expected; we are working to add more capacity
— Sam Altman (@sama) December 1, 2022
Source: HITC
5. ChatGPT Crossed 1 Million Users Within 1 Week. Incredible Milestone
Sam Altman revealed on December 5 2022 that After the launch on November 30, the AI tool got 1 million user registrations within 1 week. Huge popularity. New numbers are not released yet (Will update here as they are released from any official source)
ChatGPT 1 Million Users Milestone AnnouncementChatGPT launched on wednesday. today it crossed 1 million users!
— Sam Altman (@sama) December 5, 2022
Source: Sam Altman (CEO OpenAI)
6. ChatGPT Average Cost Per Chat Is Single-Digits Per Chat
Elon Musk asked San Altman about the average cost per chat. The CEO of OpenAI revealed that it’s probably single-digit cents per chat.
Souce: Sam Altman
7. ChatGPT Was Launched On November 30 2022
The popular ChatGPT language model by OpenAI was launched on November 30, 2022. The tool got immense popularity among marketers and also the blogging community because it lets automate a number of tasks that used to take a lot o time and resources
Source: OpenAI
8. ChatGPT Launched a New And Improved Embedding Model On December 15, 2022
The AI tool parent company announced on December 15, 2022, that ChatGPT will be using a new and improved embedding model which is a simpler and cost-effective solution and priced 99.8% lower
Source: OpenAI
9. Microsoft Funded OpenAI With $1 Billion as Early Investments
Microsoft is one of the early investors in ChatGPT and they funded OpenAI with $1 billion as early investments
Source: TechCrunch
10. OpenAI Is Supported By Microsoft’s Azure Computational Power For Running ChatGPT
Microsoft’s Azure Computational power supports OpenAI which is used to run the ChatGPT language model. As Microsoft is one of the early investors in the company and plans to invest more in the near future.
ChatGPT Runni On Azure Creditsmicrosoft, and particularly azure, don’t get nearly enough credit for the stuff openai launches. they do an amazing amount of work to make it happen; we are deeply grateful for the partnership. 🙏 they have built by far the best AI infra out there.
— Sam Altman (@sama) December 5, 2022
Source: Microsoft Azure
11. ChatGPT’s Training Ended In 2021, So It Can Only Fetch Data Prior To 2021
ChatGPT language model that has been trained on the dataset prior to 2021. However, since its training ended in 2021, it can only provide information up to that date.
Source: OpenAI
12. ChatGPT Will Be Monetized Soon As Cost To Run ChatBot Are “Eye-Watering”
The popular ChatGPT tool will soon be monetized as the current operational cost of the chatbot is “eye-watering” according to the CEO Sam Altman
Many people are also ready to pay for the AI assistant. This will definitely reduce spam happening because of easy access to the tool.
Source: Sam Altman
13. ChatGPT Is Trained Using Reinforcement Learning from Human Feedback (RLHF) Training Method
In a statement by OpenAI, I Quote “We trained this model using Reinforcement Learning from Human Feedback (RLHF), using the same methods as InstructGPT, but with slight differences in the data collection setup”.
SIDENOTE: The ChatGPT dialog model is actually a fine-tuned version of GPT-3.5 or InstructGPT, which itself is a fine-tuned version of GPT-3
Source: OpenAI
14. OpenAI’s ChatGPT has a dataset size of 300 Billion Words, 570 GB of Data, And 175 Billion Parameters
According to OpenAI the ChatGPT has a dataset of 300 Bn Words, 570 GB of Data used to train the language model. The future version of ChatGPT is supposed to have over 1 trillion words in its dataset and a dataset of 40 GB of text data.
Sam Altman Reply To Datasetsy’all got no chill https://t.co/HRvD29bCpG
— Sam Altman (@sama) November 22, 2022
Source: OpenAI, AnalyticsIndaMag
15. ChatGPT Processes Approximately 10 Million Queries Per Day
According to OpenAI, the ChatGPT processes approx 10 million queries per day which is making the servers slow down and is the primary reason for At Capacity response from the chatbot
Source: Tom Goldstein
16. ChatGPT’s Operational Cost is $100k Per Day And $3 Million Per Month
Tom Goldstein estimated that with available data on the internet, ChatGPT’s average operational cost per day and per month would be $100k & $3 Million Respectively
Source: Tom Goldstein
17. ChatGPT Is Not Capable Of Accessing The Internet
While performing some tests, we asked the chatbot if it can access the internet. The result was ChatGPT denied that it can access the internet as it is just a language model and can only generate text based on the dataset it is trained on.
Source: BloggingCapital Tests
18. ChatGPT Is Not Perfect As It Can Give Wrong Information
OpenAI openly admits on its platform that ChatGPT is just a bot and it can make mistakes. The data it provides can be wrong and always verified before use.
Source: OpenAI
19. Elon Musk Removed Database Access To Twitter
After twitter take over, Twitter went through a lot of changes and Elon found that OpenAI had access to Twitter’s database. He immediately paused the database access citing the need to understand about governance and revenue plans of the company.
Elon Paused OpenAI’s Database Access To TwitterNot surprising, as I just learned that OpenAI had access to Twitter database for training. I put that on pause for now.
— Elon Musk (@elonmusk) December 4, 2022
Need to understand more about governance structure & revenue plans going forward.
OpenAI was started as open-source & non-profit. Neither are still true.
Source: Elon Musk
20. OpenAI’s ChatGPT Causes Artificial Intelligence Token Prices To Surge By Upto 77%
According to CoinGecko, after the launch of ChatGPT the Artificial Intelligence Tokens rises by 77% from Nov 30 to Dec 6, 2022. Reported CoinGecko
Source: CoinGecko
21. ChatGPT Is Not Available In Selected Countries For Security Reasons
ChatGPT is still available in the research preview in some notable countries like China, Russia, Ukraine, Afghanistan, Iran, Belarus, and Venezuela citing the security reasons
Source: OpenAI
22. OpenAI Became The 98th Most Popular Website On The Internet
On #1441 in December, OpenAI became the 98th most popular website on the internet in January 2023, according to similarweb’s updated data getting 304m views.
19.20% of traffic comes from the United States and the rest from other countries. 59.66% of which is direct traffic and 35% is search traffic
Source: SimilarWeb
23. Princeton Student Builds App To Detect ChatGPT-Generated Text
A Princeton student developed an app to quickly detect ChatGPT-based content. He calls this project #GPTZERO. (Reported: Vice)
He says and I quote, “the motivation here is increasing AI plagiarism. think are high school teachers going to want students using ChatGPT to write their history essays? likely not.”
Human writing can be so beautiful. There is beauty in the human prose that computers can never and should never co-opt
Vice
Educators are worried about the possibility of cheating. GPTZERO can help minimize this to a certain extent. (Source: WashingtonPost)
Source: Edward Tian
This is all regarding the statistics of OpenAI’s ChatGPT. We will keep adding more facts and stats with upcoming developments.
ChatGPT Statistics Sources
- AnalyticsIndaMag
- Tom Goldstein
- Elon Musk
- CoinGecko
So these are all the sources from where we have gathered all these ChatGPT statistics. All due care has been taken to cite the sources. For any conflict of interest contact us directly.
Final Thoughts
These are all the important ChatGPT stats that we have gathered and compiled for you. We take this job seriously and all due care has been taken to provide you real research, facts, and data.
If you have more info than we can add, contact us we would love to include it.
Any suggestion in the comment section would be deeply appreciated.
Look forward to your responses below 🙂