ChatGPT Mobile App Revenue Increases Sixfold Since 2024 | PYMNTS.com

Uncover key highlights within the Altcoins house. This article dives into: “ChatGPT Mobile App Revenue Increases Sixfold Since 2024 | PYMNTS.com”.

The ChatGPT cell app is reportedly incomes greater than six occasions as a lot income because it did final 12 months.

The synthetic intelligence (AI) chatbot app for iOS and Android units has made $1.35 billion this 12 months, by means of July, up from the $174 million it made throughout the identical seven-month interval in 2024, TechCrunch reported Friday (Aug. 15), citing information from Appfigures.

The second-ranked app on this class, Grok, has made $25.6 million to this point this 12 months, based on the report.

The report famous that these figures embrace solely the spending of shoppers who paid for these AI assistants through a cell app retailer; they don’t embrace subscriptions on the net or the AI corporations’ different sources of income, the report mentioned.

In addition, Grok solely turned obtainable in devoted apps in January for iOS and in March for Android, per the report. Before that, it was accessible solely by means of the social media platform X.

When saying the launch of the primary Grok standalone app, xAI highlighted options like picture technology; real-time info powered by its entry to present information from the net and X; an “engaging and humorous” conversational tone; and a concentrate on privateness.

“Get answers to any question, generate striking images, and upload pictures to gain a deeper understanding of your world,” the corporate mentioned on the time.

The ChatGPT app was launched in May 2023. When OpenAI started rolling out its AI assistant cell apps at the moment, it mentioned in a weblog publish: “Since the release of ChatGPT, we’ve heard from users that they love using ChatGPT on the go.”

It was reported Tuesday (Aug. 12) that xAI proprietor Elon Musk is threatening to sue Apple over the best way it ranks AI companies in its App Store.

As of that point, ChatGPT was the No. 1 free app within the App Store, whereas Grok was sitting within the No. 6 place.

“Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation,” Musk wrote in a Monday (Aug. 11) publish on X.

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