ChatGPT’s traffic declines for the first time since launch

ChatGPT, the immensely popular AI chatbot developed by OpenAI, experienced a notable decline in its website traffic and unique visitors during the month of June.

Analytics firm Similarweb reported that global desktop and mobile traffic to the ChatGPT website decreased by 9.7 percen compared to May, while unique visitors dropped by 5.7 percent.

Additionally, visitors spent 8.5 percent less time on the website during this period. These figures indicate a potential decrease in the novelty factor associated with the chatbot.

According to Similarweb’s Senior Insights Manager, David Carr, the declining traffic suggests that the initial excitement surrounding ChatGPT may be wearing off, Reuters reported.

RBC Capital Markets analyst Rishi Jaluria offered another perspective, pointing out that the data indicates a growing demand for generative AI solutions that provide real-time information. Despite this decline in website traffic, OpenAI remains a prominent player in the AI industry, with projected revenue of $200 million for the current year. The company also generates income by offering API access to its AI models for developers and businesses.

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RU Ediriwira, Group CTO, NXTDigital Limited

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N.K. Rouse, COO, NXT Digital Ltd

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Vynsley Fernandes, MD & CEO, NXTDigital Limited

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Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!