Spending on ChatGPT Subscriptions Stalls in Europe
An advisory document from Deutsche Bank warns that growth in ChatGPT spending in Europe has stalled.
The finding is based on anonymised financial data gathered from the UK, Germany, Italy, France, and Spain by dbDataInsights, the Deutsche Bank Research Institute.
- The number of monthly users of the service grows, but the numbers paying for it are not increasing.
- ChatGPT has hit the 800 million weekly user mark, an increase of 300 million since March, as announced by Sam Altman.
It's the latest in a growing number of red flags on AI spending.
This poses a critical challenge for OpenAI and its investors.
Author's summary: ChatGPT spending stalls in Europe despite user growth.