ChatGPT App Hits 700M Installs and $2B in Revenue Since May 2023

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SAN FRANCISCO — OpenAI’s ChatGPT mobile app has achieved a staggering 698 million installs and generated over $2 billion in revenue since its launch in May 2023, solidifying its dominance in the AI-driven app ecosystem. The milestone, reported by TechCrunch on Monday, August 18, 2025, underscores the app’s explosive growth, fueled by its availability on iOS and Android platforms and its integration into enterprise and consumer workflows.

Since its debut, ChatGPT has outpaced competitors like Microsoft’s Copilot and Anthropic’s Claude, capturing 80% of the generative AI app market share, per data from Sensor Tower. The app’s revenue comes primarily from in-app subscriptions, with the ChatGPT Plus plan at $19.99 per month driving significant earnings. “The app’s growth is unprecedented in the AI space,” an OpenAI spokesperson told TechCrunch, attributing success to features like real-time voice interaction and seamless cross-platform functionality.

Key drivers of ChatGPT’s success include:

  • Global Reach: Over 300 million installs in the U.S. alone, with strong adoption in Europe and Asia.
  • Enterprise Adoption: Integration with tools like Slack and Salesforce boosted corporate subscriptions.
  • Innovation Edge: Updates like the GPT-4o model enhanced user engagement with faster, more accurate responses.

The app’s rise comes amid OpenAI’s valuation soaring past $150 billion, though challenges loom, including high server costs and regulatory scrutiny over AI ethics. Posts on X highlight user enthusiasm, with @TechBit noting ChatGPT’s role in “redefining productivity.” However, competitors are closing in, with Google’s Gemini app nearing 200 million installs. As AI app adoption accelerates, OpenAI’s focus on user experience and scalability positions ChatGPT to maintain its lead, though analysts warn of potential privacy concerns shaping future growth.

Source: TechCrunch

Author

  • Connor Walsh

    Connor Walsh is a passionate tech analyst with a sharp eye for emerging technologies, AI developments, and gadget innovation. With over a decade of hands-on experience in the tech industry, Connor blends technical knowledge with an engaging writing style to decode the digital world for everyday readers. When he’s not testing the latest apps or reviewing smart devices, he’s exploring the future of tech with bold predictions and honest insights.

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