ChatGPT, which kickstarted the GenAI boom in late 2022, can mimic human conversation and perform tasks such as creating summaries of long text, writing poems and even generating ideas for a theme party.
The popular service, which set a record for the fastest-growing user base, has seen its growth slow down since May 2023, when its traffic peaked at 1.8 billion web visits, according to data analytics firm Similarweb. Apart from the free version of ChatGPT, which does not have direct access to the internet, OpenAI also offers paid versions for individuals, team users and enterprises.
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