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

ChatGPT is still growing its user base, but that growth is slowing down, especially compared to rival Claude. ChatGPT is still growing its user base, but that growth is slowing down, especially compared to rival Claude. 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 firmSensor 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’sdeal with the Pentagonin 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” than its rivals, but its growth is also falling behind Claude’s. According to Sensor Tower, ChatGPT’s downloads were up 14 percent year-over-year over the past few months while Claude saw an 11x increase during the same period. ChatGPT is experiencing this slowdown right as OpenAI is eyeing an IPO, although CFO Sarah Friar has reportedlyexpressed concernsabout those plans. According to theWall Street Journal, OpenAI recently missed its own internal targets for new users and revenue, sparking worries among Friar and other leaders at OpenAI that “the company might not be able to pay for future computing contracts if revenue doesn’t grow fast enough.” A free daily digest of the news that matters most. This is the title for the native ad