Skip to content
Bull Bear Daily

Bull Bear Daily

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2023
  • December
  • 1
  • ChatGPT one year on: From viral AI bot to OpenAI’s boardroom battle
  • Business

ChatGPT one year on: From viral AI bot to OpenAI’s boardroom battle

Bull Bear Daily December 1, 2023
FILE PHOTO: Illustration shows ChatGPT logo

FILE PHOTO: Illustration shows ChatGPT logo

(Reuters) – We asked ChatGPT, OpenAI’s viral chatbot, how it felt on its first birthday. This was its reply:

“Thank you for the birthday wishes! However, it’s important to note that as a computer program, I don’t have feelings or consciousness, so I don’t experience emotions like humans do.”

Still, its uncannily human-like responses have taken the world by storm in the past year. And while it has answered millions of user prompts, its growing influence has raised questions about the role of AI in society.

Its parent, OpenAI, was also jolted this month by a tumultuous boardroom battle that saw the sudden ouster and return of CEO Sam Altman.

ChatGPT became the fastest-growing software application in the world within six months of its launch. It also sparked the launch of rival chatbots from Microsoft, Alphabet and a bevy of startups that tapped the hype to secure billions in funding.

The generative AI craze has disrupted several industries from cloud computing and customer service to movie editing and screenplay writing.

Here are four charts on ChatGPT and the impact of generative AI:

CHATGPT DOMINATES DESPITE RISE OF COMPETITORS

ChatGPT’s competitors include Bard, Anthropic’s Claude, Character.AI and Microsoft’s CoPilot, which have seen a surge in users. ChatGPT, however, commands the lion’s share of the market.

CHATGPT APP DOWNLOADS

Six months after ChatGPT’s website launch, OpenAI introduced the chatbot application to Apple’s iOS in May and later on Android in July.

Downloads of the app on both platforms have steadily increased on both platforms, with OpenAI seeing revenue from in-app purchases, according to data analytics firm Apptopia.

WINNERS OF THE AI BOOM

Nvidia became the first and the only chip company to join the $1 trillion valuation club and is widely considered the biggest winner of the AI boom due to its position as the key supplier of the chips used to power ChatGPT and other generative AI applications.

With these applications running mostly on the cloud, vendors of cloud computing services, including Microsoft, Amazon and Alphabet, have also seen their shares surge.

BIG TECH POURS BILLIONS INTO AI

ChatGPT’s launch sparked massive investments from the top tech players.

Microsoft and Alphabet have invested billions to improve their cloud computing capabilities and take on more AI workloads as businesses embrace such tools.

CONTROVERSIES

OpenAI and its backer Microsoft have been slapped with several lawsuits that have been brought by groups of copyright owners, including authors John Grisham, George R.R. Martin and Jonathan Franzen, over the alleged misuse of their work to train AI systems. The companies have denied the allegations.

(Reporting by Akash Sriram, Harshita Mary Varghese, Zaheer Kachwala and Jaspreet Singh in Bengaluru; Editing by Sweta Singh and Saumyadeb Chakrabarty)

tagreuters.com2023binary_LYNXMPEJAT0HI-VIEWIMAGE

About the Author

Bull Bear Daily

Administrator

Visit Website View All Posts

Post navigation

Previous: New crypto front emerges in Israel’s militant financing fight
Next: Dow rallies to year’s highest close, caps blockbuster month

Related Stories

2025-08-22T130058Z_1_LYNXMPEL7L0IA_RTROPTP_4_EU-RUSSIA-FERTILISER-1
  • Business
  • Economy

European farmers facing higher costs after EU tariffs on Russian fertiliser imports

Bull Bear Daily August 22, 2025
2025-08-20T121336Z_1_LYNXMPEL7J0J7_RTROPTP_4_HERTZ-RESULTS
  • Business

Hertz partners with Amazon Autos to sell used vehicles online

Bull Bear Daily August 21, 2025
2025-08-21T204642Z_1_LYNXMPEL7K0XF_RTROPTP_4_ZOOM-RESULTS-1
  • Business

Zoom Communications lifts annual forecasts on robust demand for AI tools

Bull Bear Daily August 21, 2025

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Recent Posts

  • Two evolutionary changes underpinning human bipedalism are discovered
  • Leaders, journalist groups react to Israeli Gaza strike that killed five journalists
  • Currency spikes and Trump tariffs take bite out of European results
  • Leaders, journalist groups react to Israeli Gaza strike that killed five journalists
  • Rubio discusses war in Ukraine with European counterparts

You may have missed

2025-08-27T150238Z_1_LYNXMPEL7Q0OW_RTROPTP_4_SCIENCE-PELVIS-2
  • Uncategorized

Two evolutionary changes underpinning human bipedalism are discovered

Bull Bear Daily August 27, 2025
  • Newsletters

Leaders, journalist groups react to Israeli Gaza strike that killed five journalists

Bull Bear Daily August 25, 2025
2025-08-25T140007Z_1_LYNXMPEL7O0JL_RTROPTP_4_DEUTSCHETELEKOM-RESULTS
  • Uncategorized

Currency spikes and Trump tariffs take bite out of European results

Bull Bear Daily August 25, 2025
2025-08-25T175432Z_1_LYNXMPEL7O0RY_RTROPTP_4_ISRAEL-PALESTINIANS-GAZA
  • Uncategorized

Leaders, journalist groups react to Israeli Gaza strike that killed five journalists

Bull Bear Daily August 25, 2025
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Bull Bear Daily | bullbeardaily.com