Category: Technology

SoftwareTechnology

Analysis Shows ChatGPT Mobile App Downloads and User Engagement Declining After Initial Surge

ChatGPT’s mobile application is experiencing slowing download growth and plateauing daily active users, according to new analysis. User engagement metrics have also declined significantly since July, suggesting the novelty phase may be ending.

ChatGPT Mobile App Growth Shows Signs of Plateau

ChatGPT’s mobile app growth may have reached its peak, according to reports from third-party app intelligence firm Apptopia. The analysis indicates that new user growth, measured by percentage changes in global downloads, has slowed significantly after April. Sources indicate that global daily active user growth has also stopped and plateaued in recent weeks.

by Emma Langford
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.

by Emma Langford
AITechnology

Tech Industry Embraces AI Tools at Different Rates, Survey Reveals

A comprehensive survey of over 1,000 tech workers reveals that while artificial intelligence tools are being widely adopted across the industry, integration levels vary significantly. Most professionals report incorporating AI into their daily workflows, with many seeing substantial benefits to productivity and efficiency.

AI Adoption Becomes Widespread Across Tech Sector

According to reports from a recent industry survey, the majority of technology companies have embraced artificial intelligence tools in some capacity, though implementation varies widely between organizations. The research, conducted by Indeed with assistance from YouGov, polled more than 1,000 tech workers between May 22 and June 10 to track emerging patterns in how AI is transforming workplace practices.

by Ava Winslow
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.

by Emma Langford