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ChatGPT Android gets 1 million downloads

Plus: Nvidia could generate $300 billion

Author

Wesley McKnight
July 28, 2023

Howdy, AI aficionados! Brace yourselves, as it's that time of the week again. Pure Future Weekly Newsletter is back with your source for what is happening in AI.

Here is what we got for you today:

  • 📲 ChatGPT Android app smashes 1 million downloads on day 1

  • 👁️‍🗨️ Sam Altman, CEO of OpenAI, starts the next AI project Worldcoin

  • 📈 Nvidia could generate $300 billion in revenue by 2027

Has that pesky post-send regret ever haunted you after dispatching a crucial email only to discover an embarrassing typo? Say goodbye to those mortifying moments with Grammarly.

The AI game has intensified as OpenAI's ChatGPT app for Android has sky-rocketed with over a million downloads in just its first day on Google Play!

This speed is about four times the download velocity of its iOS counterpart in the initial 24 hours.

Key Points:

  • ChatGPT Android app smashed records with 1 million downloads on its first day, exceeding the iOS launch by leaps and bounds.

  • Although some claim ChatGPT is losing its appeal, the download numbers suggest otherwise.

  • The Android app was initially introduced in four countries: U.S., India, Bangladesh, and Brazil. Its iOS twin has followed a similarly limited roll-out and is now available in 46 countries.

  • The app's ratings already soar to 4.3 stars on Google Play and 4.4 stars on iOS.

Why is the app smashing IOS numbers? Is ChatGPT growing in popularity, or are Android users more likely to also be Android users?

OpenAI CEO Sam Altman has launched Worldcoin, a project to protect human identity in our AI-influenced world. The core offering, World ID, is an account verification tool that utilizes iris scan technology to differentiate real humans from AI chatbots online.

This novel approach enhances privacy, reduces fraud, and could transform economies by ensuring the secure delivery of universal basic income (UBI).

Key Points:

  • Worldcoin, based in San Francisco and Berlin, has expanded its "orbing" operations to 35 cities across 20 countries, reaching 2 million users during its beta phase.

  • The startup's specialty is distinguishing people via biometric iris scans, a shift towards verifying human status through real-world attestations as AI advancements make digitally generated data insufficient.

  • The "orb", a specialized camera, scans pairs of eyes, converting the images into a unique identifier immediately deleted post-capture, offering rewards such as cryptocurrency for participants.

Nvidia, the high-performing chipmaker, is expected to continue riding the AI wave and could generate a staggering $300 billion in AI-specific revenue by 2027, according to Mizuho analyst Vijay Rakesh. This remarkable growth represents a tenfold increase over this year's predicted revenues.

Key Points:

  • Nvidia's stock price is predicted to have another 20% growth, according to Rakesh, despite an impressive 205% surge so far this year.

  • The chipmaker is anticipated to retain its dominant position in the AI chip market until at least 2027, boasting a predicted 75% market share of AI server units.

  • A surge in demand for generative AI indicates significant opportunities for hardware suppliers like Nvidia.

  • Jensen Huang, Nvidia CEO, saw his wealth nearly double this year, propelling him to the 32nd position on the Bloomberg Billionaires Index.

At this point will anyone be able to compete with Nvidia in the chip market or will they just run away with it?

Quick Hits

  • Llama2 almost beats GPT 3.5 on medical evaluation.

  • Pocketalk and SoftBank form strategic alliance to expand sales of translation solutions in Japan and global markets.

  • Intel CEO Pat Gelsinger plans to build AI into every product that Intel sells.

Tools of the Week

Funding Friday

Let’s talk AI in cyber security. This weeks funding Friday shows strong trends that investors believe AI is the way to fight cyber attacks.

  • Protect AI got $35 million series A to build tools to harden security around AI systems

  • Cyclops got $6.4 million seed to launch AI powered cybersecurity search platform

  • Trustmi got $17 million series A to scale payments fraud prevention technology

  • RapidAI got $75 million series C to continue to build medical AI technology

  • Beyond Work got $2.5 million pre seed round to make LLM more human

AI Image of the Week