In This Article:
OpenAI, backed by Microsoft (NASDAQ:MSFT), has reached 400 million weekly active users for ChatGPT as of February, a 33% jump from December's 300 million, according to the company. Developer traffic has doubled in the past six months, and reasoning model usage has surged fivefold since OpenAI launched its o3 model.
The company's enterprise business is gaining traction, now boasting over 2 million paying business users, up from 1 million in September. Major clients include Uber (NYSE:UBER), Morgan Stanley (NYSE:MS), Moderna (NASDAQ:MRNA), and T-Mobile (NASDAQ:TMUS). While consumer adoption is booming, OpenAI COO Brad Lightcap said enterprise adoption takes longer, comparing AI's rise to the cloud revolution.
Meanwhile, Chinese AI startup DeepSeek is making waves. Its R1 model launch contributed to a massive Jan. 27 tech selloff, wiping $589 billion off Nvidia's (NASDAQ:NVDA) market cap.
Apple (NASDAQ:AAPL) is also integrating OpenAI's AI into Apple Intelligence, combining in-house and OpenAI tech.
Despite growing competition, Lightcap sees this as proof of AI's momentum. It shows just how much people care, he said.
This article first appeared on GuruFocus.