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ChatGPT downloads are slowing — and may cause problems for OpenAI’s IPO

Vector illustration of the Open AI logo.

ChatGPT is struggling to keep up its once-explosive growth as users uninstall the app or opt for rival chatbots instead. According to data from market intelligence firm Sensor Tower, ChatGPT experienced a 132 percent increase in uninstalls year over year in April. Its uninstall rate was even higher last month, up 413 percent year-over-year, following OpenAI's deal with the Pentagon in February.

While ChatGPT is still growing its user base, Sensor Tower says that growth is slowing down - ChatGPT increased its monthly active users by 168 percent in January, but only 78 percent in April. ChatGPT still has a "substantially larger user base" th …

Read the full story at The Verge.