The app’s total revenue rose to $900,000, almost doubling its average of $491,000.
Recent reports have revealed that ChatGPT‘s mobile app has increased it’s revenues following the launch of OpenAI’s latest model GPT-4o.
Appfigures reported a significant 22 percent increase in net revenue for the ChatGPT mobile app on the day of GPT-4o’s launch, and revenue continued to grow in the days following the launch. By the end of Tuesday, the app’s total revenue had risen to $900,000, nearly doubling its average of $491,000. This is the highest revenue growth the app has ever experienced.
The ChatGPT mobile app generated $4.2 million in net revenue on the App Store and Google Play between May 13-17, representing the app’s largest revenue growth to date, the company said. The revenue growth reflects consumer demand to try the latest AI chatbot, especially on their mobile devices.
Apple’s App Store contributed most of the new revenue at 81 percent, with the US being the largest market with $1.8 million in revenue. Other top countries included Germany ($282,000), the UK ($212,000), Japan ($210,000), France ($147,000), Canada ($134,000) and South Korea ($123,000). Analysts predict that ChatGPT’s revenue model shows no signs of slowing down.
This increase in revenue highlights the growing demand for AI solutions and underscores ChatGPT’s leading position in the AI and machine learning market.
