AITechnology

OpenAI Faces Revenue Challenges as ChatGPT Subscription Growth Stagnates in European Markets

New analysis reveals ChatGPT subscription revenue has flatlined in key European markets after early 2023 growth. The development comes as OpenAI plans trillion-dollar infrastructure expansion despite relying heavily on subscription income from its flagship chatbot.

ChatGPT Subscription Growth Stalls in European Markets

OpenAI’s flagship ChatGPT service appears to be struggling with subscriber growth in European markets, according to recent analysis from Deutsche Bank Research Institute. The report indicates that European spending on ChatGPT subscriptions has stagnated since May 2023, suggesting the AI boom‘s most prominent product may be facing challenges converting users to paying customers.

AITechnology

AMD Shares Projected for Significant Growth Following New AI Hardware Platform Reveal

Advanced Micro Devices shares could see substantial gains following positive analyst outlook on the company’s new AI hardware platform. According to reports, the Helios rack-scale system demonstrated at the OCP Global Summit has moved from concept to functional reality. Industry analysts suggest this development positions AMD strongly in the competitive AI infrastructure market.

Analyst Outlook Brightens for AMD Stock

Bank of America has reportedly increased its price target for Advanced Micro Devices (AMD) shares to $300, up from its previous target of $250, according to recent analyst reports. This revised forecast suggests potential upside of nearly 30% from recent closing prices, with analysts maintaining their buy rating on the semiconductor stock.