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One Year On - From Viral AI Bot to OpenAI's Boardroom Battle

Updated: Jan 5

ChatGPT, OpenAI's viral chatbot, celebrated its first birthday and shared its perspective on the milestone.

ChatGPT
Credit: REUTERS

While it clarified that as a computer program, it doesn't have feelings or consciousness like humans, its human-like responses have captivated the world. With millions of user prompts answered, ChatGPT's growing influence has sparked discussions about the role of AI in society.


In a surprising turn of events, OpenAI, the parent company of ChatGPT, faced a boardroom battle that resulted in the sudden removal and subsequent return of CEO Sam Altman. This internal turmoil added another layer of intrigue to ChatGPT's journey.


Within just six months of its launch, ChatGPT became the fastest-growing software application globally. Its success also inspired the launch of competing chatbots from Microsoft, Alphabet and various startups, all eager to tap into the hype and secure substantial funding. The rise of generative AI has disrupted industries ranging from cloud computing and customer service to movie editing and screenplay writing.


Here are four key charts highlighting ChatGPT's dominance and the impact of generative AI:

  1. ChatGPT Dominates Despite Rise of Competitors: While Bard, Anthropic's Claude, Character.AI and Microsoft's CoPilot have gained traction, ChatGPT commands the largest market share.

  2. ChatGPT App Downloads: OpenAI introduced the chatbot application to Apple's iOS in May and later to Android in July, resulting in a steady increase in downloads on both platforms. In-app purchases have contributed to OpenAI's revenue growth.

  3. Winners of the AI Boom: Nvidia, the leading chip company, achieved a remarkable milestone by joining the $1 trillion valuation club. Its position as a key supplier of chips for ChatGPT and other generative AI applications has solidified its status as the biggest winner of the AI boom. Cloud computing service providers like Microsoft, Amazon and Alphabet have also experienced significant stock surges due to the demand for AI-powered applications.

  4. Big Tech Pours Billions into AI: Microsoft and Alphabet have made substantial investments to enhance their cloud computing capabilities and handle more AI workloads as businesses embrace these tools.

Controversies have also surrounded OpenAI and Microsoft, with both companies facing lawsuits from copyright owners, including renowned authors John Grisham, George R.R. Martin and Jonathan Franzen. The allegations revolve around the alleged misuse of their work to train AI systems, which the companies have denied.

As ChatGPT continues to evolve and shape the AI landscape, its journey from a viral AI bot to OpenAI's boardroom battle highlights the profound impact of generative AI on various industries.

 
  • ChatGPT celebrates its first birthday, clarifying that it doesn't have feelings or consciousness like humans.

  • OpenAI faces a boardroom battle that results in the removal and return of CEO Sam Altman.

  • ChatGPT becomes the fastest-growing software application globally within six months of its launch.

  • Competing chatbots emerge from Microsoft, Alphabet and startups, capitalising on the generative AI hype.

Source: REUTERS

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