OpenAI revenues surge on the release of a new version of ChatGPT

In mid-May, startup OpenAI introduced a new language model, GPT-4o, which became available to the company's customers almost immediately. The release of GPT-4o, as Appfigures calculated, led to a significant increase in OpenAI's revenues.

According to the company, there was record revenue growth for the OpenAI mobile app following the release of the new model. Already on the second day, the mobile app's revenue reached $900 thousand, while the day before it was $491 thousand.

According to Appfigures' calculations, in just a few days, from May 13 to May 17, the mobile app brought OpenAI about $4.2 million. In comparison, the company's mobile app generated less than $100 thousand in revenue per day in mid-2023. The app gained the most popularity in the U.S., where users generated $1.8 million in revenue. The US is followed by Germany, the UK, Japan and France.

Interestingly, the OpenAI app is most actively used by owners of Apple devices, who generated 81% of the revenue. Android accounted for only 19% of revenue.