Metaverse
ChatGPT most-popular AI chatbot in India, but it can get slippery at the top – Crypto News
More on that later. First, a look into ChatGPT’s dominance and how most folks are engaging with it.
In India, as in the US and Brazil, the large language model-based chatbot is mostly used on mobile devices, per new reports by data.ai (formerly App Annie) and writerbuddy.ai.
In the AI tools sector, ChatGPT registered about 14.6 billion visits, averaging 1.2 billion visits every month, writerbuddy.ai, an AI-based writing platform, said in a 15 November study.
Of the top 50 AI platforms that writebuddy.ai analysed, including Google Bard, ChatGPT cornered a 60% share of the traffic.
Mobile devices are the preferred means of access for 58% of ChatGPT’s users, according to writerbuddy.ai, and about 74.16% of them are male, making for a significant gender disparity.
ChatGPT’s competitors including Perplexity AI and Character AI account for 18.69% of the chatbot market’s monthly visits, the report says. Despite the competition, ChatGPT dominates the AI tools sector with average usage duration of 30 minutes.
ChatGPT is the most-popular AI tool in the US, followed by India and Brazil, according to the writerbuddy.ai study.
But as per analytics platform data.ai, India accounted for the most ChatGPT app installations globally (18%), just ahead of the US (17.5%). Data.ai in its 1 December report added that ChatGPT’s mobile version had achieved 110 million downloads, and generated about $28.6 million in global consumer spending. Within one week of being launched on Google Play, the app hit a record weekly adoption of about 18 million new installations.
ChatGPT downloads on both Apple’s iOS and Google’s Android platforms combined were at above 4 million in the five weeks to 1 December, according to data.ai. The platform, it added, ranks first among generative AI apps in terms of total downloads, outpacing competitors such as Character AI and Ask AI.
But in terms of consumer spending, ChatGPT ranks second, outmatched by Ask AI from Codeway.
ChatGPT Plus is the sole in-app purchase for the ChatGPT app, and with its recurring subscription billed at $19.99 per month, it is “greater than many music and streaming services”, according to data.ai.
But Achilles’ heel shows up
OpenAI’s one-year journey has been anything but smooth. While ChatGPT took the online world by storm garnering more than 100 million users in its first two months, OpenAI’s board shocked the world when it unceremoniously sacked CEO Sam Altman last month, only for him to be reinstated within a fortnight.
As the drama unfolded, OpenAI’s estimated $86-billion valuation came under a cloud. Microsoft chairman and CEO, Satya Nadella, worked at a frenetic pace to protect his company’s more than $11-billion investment in OpenAI. He almost got Altman to lead a new AI unit at Microsoft. The tech giant is now on the board of OpenAI as a “non-voting observer”, which will give it visibility of the board’s decisions.
Nadella reportedly was informed just a minute before the world knew about Altman’s ouster, despite Microsoft having a 49% stake in the for-profit entity that the OpenAI nonprofit board controls.
Altman’s sacking on 17 November was apparently over concerns about the safety and speed of OpenAI’s tech deployment, which ostensibly unsettled some board members including Ilya Sutskever, a co-founder and OpenAI’s chief scientist. Some fear that ChatGPT could herald the onset of artificial general intelligence (AGI)–one of the reasons for Sutsekever’s differences with a techno-optimist like Altman.
The new initial board will comprise Bret Taylor (Chair), Larry Summers, and Adam D’Angelo. Sutsekever is no longer a board member but Altman said in a note that “… we hope to continue our working relationship and are discussing how he can continue his work at OpenAI”.
Three priorities
According to Altman, OpenAI will now focus on three priorities:
advancing its research and investing more in “full-stack safety efforts, which have always been critical to our work”;
improving and deploying more products; and
improving the company’s governance structure.
OpenAI was founded in 2015 by stalwarts including Altman, Sutskever, Greg Brockman, and Elon Musk, who served as a board member till 2018, when he quit over differences with Altman and Brockman. In 2019, OpenAI restructured to ensure that the company could raise capital, following which Microsoft invested $1 billion in 2019, following up with an additional $10 billion this year.
Altman said in his note after being reinstated as CEO that he was “looking forward to finishing the job of building beneficial AGI”.
At the OpenAI Devday in San Francisco last month, the company announced major product releases–including a provision for anyone to build their own AI-based chatbot; GPT-4 Turbo with a 128K context window; GPT-4 with Vision; and Dall-E 3 API.
Meanwhile, though, ChatGPT has competition to reckon with from multiple open and closed source models, including Microsoft Bing, Google Bard, Anthropic Claude, Inflection Pi, and Perplexity.ai. Developers, too, have multiple options, including application programming interfaces (APIs) from Amazon Web Services (AWS), Azure, Cohere, Google Cloud, Hugging Face, and OpenAI.
Also, small language models too are evolving, implying that the future of AI will not be just about size but about smart, efficient choices (ChatGPT is a large language model-based chatbot). Training smaller models consumes less energy and is less expensive. SLMs can also perform specialised, domain-specific tasks relatively well after fine-tuning on only a handful of examples. Examples of popular SLMs include Llama 2 13B, Mistral 7 B, Falcon-7B, IBM Granite 13 B, and Microsoft Phi-2 2.7B.
Simply put, OpenAI has its work cut out for it. A year of astounding success will not guarantee a smooth path ahead.
-
others1 week ago
$2.6 Billion in Bitcoin, ETH, XRP, Solana Options Expire Today, Experts Raise Concerns – Crypto News
-
Blockchain1 week agoBitcoin Treasury Co Strategy Announces $1.5B Convertible Note Buyback – Crypto News
-
others1 week ago
Why Bitcoin Price Could Reach $88,000 Despite Rising Odds Of Fed Rate Hikes – Crypto News
-
Business1 week ago
Why Is The Crypto Market Bleeding Today? – Crypto News
-
Blockchain1 week agoUS CLARITY Act Brings ‘Major Spike of Euphoria’ to Bitcoin: Santiment – Crypto News
-
Business1 week ago
CME and NYSE Push for U.S. Regulatory Oversight of Hyperliquid – Crypto News
-
Blockchain1 week agoEthereum Sell Signal That Last Preceded A 63% Drop Flashes Again – Crypto News
-
others1 week agoFinancial Firm Hit by Major Cybersecurity Incident, Data of 123,158 Americans Potentially Exposed – Crypto News
-
Cryptocurrency1 week agoBitcoin has one level left before macro pressure opens the path to $75k as Treasury yields extend two-day correction – Crypto News
-
Cryptocurrency2 days agoHYPE’s path to $100 runs through Hyperliquid becoming crypto’s on-chain Wall Street platform – Crypto News
-
Cryptocurrency2 days agoHYPE’s path to $100 runs through Hyperliquid becoming crypto’s on-chain Wall Street platform – Crypto News
-
Cryptocurrency1 week agoInside Wadoozie, the $WADZ Mission Activating 48 States – Crypto News
-
Technology1 week ago
BREAKING: THORChain Suffers $10M Exploit Across Bitcoin, Ethereum, BSC, Base Chains – Crypto News
-
Technology1 week agoGoogle’s new Gemini Intelligence’s ‘advanced’ spec requirements may even exclude older Pixel and Samsung flagships – Crypto News
-
Business1 week ago
How High Will XRP Price Go After CME Adds Ripple to NASDAQ Crypto Index on June 8? – Crypto News
-
Cryptocurrency1 week agoBitcoin ETF flows reverse as funds shed $1B on inflation fears – Crypto News
-
Technology1 week agoAI job takeover fears rise: 10 human skills that machines may still struggle to replace – Crypto News
-
Technology1 week agoAI job takeover fears rise: 10 human skills that machines may still struggle to replace – Crypto News
-
others5 days agoSui Launches Gasless Stablecoin Transfers With Support From Fireblocks – Crypto News
-
others5 days agoSui Launches Gasless Stablecoin Transfers With Support From Fireblocks – Crypto News
-
Technology4 days ago
Breaking: Crypto Exchange Blockchain.com Secretly Files For IPO After Elon Musk’s SpaceX – Crypto News
-
De-fi3 days agoSEC Commissioner Hester Peirce Clarifies Distinction Between Tokenized Securities and Synthetic Instruments – Crypto News
-
De-fi1 week agoDeFi Yields Are Too Damn Low! Here’s Why – Crypto News
-
Technology1 week agoTech CEOs summoned to Congress for another hearing on social medias risks for children – Crypto News
-
Technology1 week ago
Just-In: Grayscale Files Amended S-1 For BNB Coin ETF With SEC – Crypto News
-
others1 week ago
Crypto Weekly Recap: CLARITY Advances, US Inflation Soars, Wall Street Raises COIN Stock Target, Strategy Resumes Bitcoin Buys – Crypto News
-
Business1 week ago
XRP Trading Volume Tops Bitcoin on Upbit as Hana Bank Acquires Stake in Dunamu – Crypto News
-
Blockchain1 week agoSolana Eyes $117 Breakout — If Bulls Can Crush This Key Resistance – Crypto News
-
others1 week agoHackers Targeting 59 Banking, Fintech and Crypto Platforms, Stealing Credentials, PINs and More: Report – Crypto News
-
Business1 week ago
Strategy’s STRC Draws $2 Billion In Capital To Buy More Bitcoin – Crypto News
-
Cryptocurrency1 week agoBitcoin ETF flows reverse as funds shed $1B on inflation fears – Crypto News
-
Blockchain1 week agoUS CLARITY Act Will Be a ‘Boon For Domestic Innovation’: A16z – Crypto News
-
Business1 week ago
Michael Saylor Teases ‘Big’ Bitcoin Buy For Strategy – Crypto News
-
Technology1 week agoJury rules against Elon Musk in his feud with OpenAI, saying he filed his lawsuit too late – Crypto News
-
others1 week ago
Goldman Sachs Closes Solana & XRP ETF Stake, Dumps 70% ETH ETF Holdings – Crypto News
-
Cryptocurrency7 days agoSpaceX IPO bets push valuation above $2 trillion on Hyperliquid – Crypto News
-
Technology5 days agoIndia needs dedicated AI law as current legal framework inadequate to tackle emerging risks: Cyber Expert Pavan Duggal – Crypto News
-
Technology5 days agoIndia needs dedicated AI law as current legal framework inadequate to tackle emerging risks: Cyber Expert Pavan Duggal – Crypto News
-
Blockchain5 days agoCrypto Access To Banks In Focus After Trump’s New Executive Order – Crypto News
-
Technology4 days agoApple adds two major health features in India: Know all about Sleep apnoea alerts and hearing tests – Crypto News
-
Metaverse4 days agoOpenAI might be filing to go public soon. How we got here. – Crypto News
-
Metaverse3 days agoAs OpenAI and Anthropic soar, where do India’s AI startups stand? – Crypto News
-
others1 week ago‘The Buildup Is Sincerely Strong’: Michaël van de Poppe Says Bitcoin Could See a Fast Move to a Four-Month High – Here Are His Targets – Crypto News
-
Cryptocurrency1 week agoHow CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down – Crypto News
-
Business1 week ago
Bitget Introduces Unified AI Trading Ecosystem, Surpasses 1M Users and $1.2B AI Agent Trading Volume – Crypto News
-
Blockchain1 week agoOpenAI and Malta Partner to Give All Citizens Free ChatGPT Plus Access – Crypto News
-
Technology1 week ago
Bhutan Official Speaks Up On Claims of Selling $1 Billion In Bitcoin – Crypto News
-
Blockchain1 week agoIf You’re Holding XRP, This Pundit Says You Should See This – Crypto News
-
Metaverse1 week agoMicrosoft AI Chief Mustafa Suleyman has a grim warning for every office worker- Within 18 months… – Crypto News
-
Cryptocurrency1 week agoSociete Generale pushes stablecoins into Canton repo and collateral rails – Crypto News
