ChatGPT has taken the world by storm, setting a record for the fastest app to reach a 100 million users, which it hit in two months. The implications of this tool are far-reaching, universities...

In March 2025, ChatGPT’s mobile app recorded revenues of over 108.05 million U.S. dollars through the Apple App Store and Google Play worldwide. Already in May 2023, its first month of release, the popular chatbot generated approximately 731 thousand dollars in revenues worldwide, and another 3.61 million U.S. dollars in September 2023.

Graph and download economic data for Corporate profits after tax: Receipts from the rest of the world (B3275C0A144NBEA) from 1948 to 2023 about corporate profits, receipts, tax, corporate, and GDP.

A chatbot from Chinese AI lab DeepSeek sent shockwaves through the market in January, due to its ability to perform mathematics, coding and reasoning at a similar level to ChatGPT and other top-tier...

In fiscal year 2025, NVIDIA Corporation's revenue by geographical region are as follows: CHINA: $17.11 B, Other Americas: $7.88 B, SINGAPORE: $23.68 B, TAIWAN, PROVINCE OF CHINA: $20.57 B, UNITED STATES: $61.26 B.

The industry has seen surging growth in recent years. Strong AI investments in the mid- to late 2010s saw a raft of new companies enter the industry. Many of these companies have now entered commerciality and begun generating meaningful revenue. ChatGPT’s public release has also supported the industry, pushing AI’s capabilities into the public consciousness and encouraging companies to actively explore how they can integrate AI into their operations. Overall, industry revenue is expected to grow an annualised 15.6% over the five years through 2024-25, to reach $3.4 billion. Negative or extremely thin margins over the past decade have largely been a symptom of success. Strong investment growth in the 2010s drove up enterprise numbers, which led to average industry margins declining rapidly. AI firms have long development cycles and often take years to become commercial, relying largely on investment funding to support their operations. A glut of new companies has led to negative or extremely weak margins since 2013-14, but margins are set to start improving in 2024-25 as more AI companies enter the commercial phase of their development The industry’s demand base is expanding, driven by AI products’ increased accessibility and the excitement stoked by ChatGPT’s launch. Rapid AI technology advancements have also improved AI products’ functionality and applicability, creating a rapidly expanding total addressable market. These factors are forecast to support strong growth over the coming years, but a high interest rate environment, elevated inflation and economic uncertainty are projected to partially offset this growth. These economic headwinds may slow the investment funding that Australia’s AI industry is highly reliant on. Overall, industry revenue is projected to grow at an annualised 13.1% through the end of 2029-30, to reach $6.3 billion.

In the first quarter of Nvidia's 2026 fiscal year, revenue from data centers amounted to ***** billion U.S. dollars. This is a dramatic increase from the ***** billion U.S. dollars the company generated in this segment in the same quarter of the previous fiscal year. Nvidia’s technologies are being deployed for accelerated computing and generative AI applications, notably ChatGPT. Nvidia’s move beyond gaming and into AI Nvidia’s solutions are being used to train and run various large language models, most notably the one developed by OpenAI. ChatGPT – which generates human-like responses to user queries within seconds – was trained using tens of thousands of Nvidia graphics processing units (GPUs), linked together in an AI supercomputer belonging to Microsoft. Nvidia’s competitors in the AI space include cloud providers Nvidia’s earnings have helped to strengthen the company’s position in the exclusive tech three trillion club, a ranking of companies based on market capitalization, putting Nvidia up alongside the likes of Apple and Microsoft. While fellow chipmakers AMD and Intel may seem the natural competitors to Nvidia’s AI crown, the major hyperscalers also pose a substantial threat to Nvidia going forward.

The generative artificial intelligence (AI) market is expected to rise significantly, from ** billion U.S. dollars in 2020 to nearly *** billion U.S. dollars in 2024 and more than *** trillion U.S. dollars in 2032. This is due to an explosion of generative AI tools in recent years such as Bard by Google, ChatGPT by OpenAI, and Midjourney by Midjourney, Inc.

Revenue for income and corporation taxes across state and central governments in India amounted to an estimated 8.4 trillion Indian rupees in financial year 2017. This was a tremendous increase from about 6.8 trillion rupees in fiscal year 2015. This segment of tax revenues up the highest value, followed by sales tax during the measured time period. Tax revenues totaled an estimated 26 trillion rupees in fiscal year 2017.

The most important area where IT executives working in retail companies saw the biggest benefit of Artificial Intelligence (AI) was productivity, operational cost reductions, and faster time to profitability. According to the results of a survey conducted in February 2023, other areas such as customer satisfaction, risk management, and personalization were seen as key areas where businesses could benefit from AI.  AI in the retail industry From warehouse automation to efficient store operations, AI has many potential use cases in the retail industry. Around ********** of retail professionals view the use of AI as crucial when it comes to optimizing store operations. The market for AI in the retail industry was valued at **** billion U.S. dollars in 2022 and is forecast to grow at a CAGR of **** percent between 2021 and 2028.   The AI surge and ChatGPT Thanks to the release of OpenAI’s chatbot ChatGPT, the level of interest in artificial intelligence and artificial general intelligence among the general public and various business sectors has risen. According to a survey, in the United States, many marketing and advertising businesses have already adopted generative AI in the workplace.