ChatGPT’s mobile app revenue hit a record high after the GPT-4.0 launch

Driving Success: The Impact of GPT-4.0 on Mobile Revenue

Author

Justin Theng
May 30, 2024

Greetings, Small Business Sage!

Your weekly digest of AI innovation and insights is here. What groundbreaking developments will we encounter this week?

What’s on the cards this week:

  • ChatGPT’s mobile app revenue hit a record high after the GPT-4.0 launch

  • JPMorgan to provide AI Training for all new hires

  • Apple and OpenAI plan major announcement at WWDC

  • Buffup is powered by ChatGPT and adds magic to any website

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ChatGPT’s mobile app revenue saw its biggest spike yet following GPT-4.0 launch

Consumer demand for the latest AI technology is heating up. The launch of OpenAI’s latest flagship model, GPT-4.0, has now driven the company’s biggest-ever spike in revenue on mobile, despite the model being freely available on the web. GPT-4.0, which launched May 13, can handle text, speech and video, and delivers real-time responsiveness and a range of emotive voice options, making it a far more powerful model than what was offered before. This technical innovation is also pushing more users to upgrade to OpenAI’s paid subscription, according to new data from app intelligence firm Appfigures.

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JPMorgan Says Every New Hire Will Get Training for AI

JPMorgan Chase & Co. is immersing new employees in artificial intelligence training, preparing them for a technology Chief Executive Officer Jamie Dimon has likened to the impact of the printing press and steam engine.

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Apple and OpenAI plan major announcement at WWDC

Apple and OpenAI are planning a major joint announcement at WWDC, according to Bloomberg's Mark Gurman in his latest newsletter.

The two companies have reached an agreement to integrate OpenAI's technology into iOS 18. OpenAI is currently working to provide the necessary capacity for the expected influx of users, Gurman reports.

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🛠️ ONE TOOL

Buffup

Buffup.AI is a user-friendly AI assistant powered by ChatGPT-4o, offering thousands of user-released bots and advanced intent recognition for tailored interactions.

⏱️ PREMIUM ACCESS

Accelerate your business growth our 'Elite Insight Access' - your all-access pass to exclusive content, cutting-edge strategies, marketing courses worksheets, invitation-only masterclasses, and a complete ChatGPT prompt library.

💌 ONE TRADE

Convert & Conquer: Mastering Your Welcome Automation Emails Using Behavioural Science

Simply refer this newsletter to 5 other business owners in your world who you think will find it useful. We're on this journey together, and there's no better time than now to arm yourself and others with valuable insights.

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