Why OpenAI's Revenue DOUBLED Overnight

After launching its latest flagship model GPT-4o…

OpenAI saw its biggest-ever spike in revenue on mobile.

That’s despite GPT-4o being freely available on the web.

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OpenAI said GPT-4o would be offered to users on its free tier.

But that promise didn’t include users of its ChatGPT app on mobile.

Instead, mobile users are offered an upgrade to OpenAI’s $19.99 monthly subscription if they want to use GPT-4o.

This has led to the biggest-ever revenue spike OpenAI has seen on mobile devices.

In just 24 hours after it released GPT-4o…

The company saw its net revenue go up to $900,000 – almost TWO TIMES the app’s daily average of $491,000.

And by Friday it had earned $4.2 million in net revenue across both the App Store and Google Play – according to app intelligence firm Appfigures.

It’s the largest revenue spike the app has seen to date.

And it indicates that there’s real consumer demand for trying out the latest experiments and products in AI.

That’s why tech giants are going “all in” on AI as it reshapes the next decade.

Thankfully for investors, it’s still early.

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Ian Wyatt