ChatGPT’s parent company, OpenAI, has temporarily stopped accepting new sign-ups due to challenges in coping with the rapidly increasing demand for its AI technology, as reported by Matthew Field.
CEO Sam Altman of OpenAI acknowledged that the company is experiencing a significant surge in usage, pushing it beyond its current operational limits.
Consequently, OpenAI is temporarily suspending new registrations for its ChatGPT Plus service to ensure a high-quality user experience for all.
OpenAI has recently attracted notable clients, including tech giant Microsoft, financial powerhouse Morgan Stanley, and cloud-based software company Salesforce.
Additionally, the social media platform Snapchat has introduced an AI bot developed using OpenAI’s technology.
ChatGPT, known for its ability to draft emails and summarize documents, offers an enhanced version through its Plus service. This premium offering, now on hold for new users, provides a more advanced chatbot with faster response capabilities.
The AI technology has sparked considerable interest, with various companies eager to integrate AI-driven tools into their operations.
This pause in new sign-ups follows an OpenAI event showcasing new developer tools for customizing ChatGPT technology.
Technology analyst Richard Windsor from Radio Free Mobile suggested that OpenAI might be struggling to meet the increased demand due to difficulties in acquiring necessary microchips. AI technologies heavily depend on these graphics microchips.
OpenAI is in a competitive race with other tech giants like Google and US-based Anthropic to develop consumer and business-friendly AI tools.
While some proponents believe AI chatbots like ChatGPT could eventually challenge Google’s dominance in internet search, their impact has been limited so far.
Currently, ChatGPT attracts about 180 million unique monthly visitors to its website, as per Reuters. Its smartphone app version has also seen over 15 million downloads.
Earlier in the year, Altman informed employees that OpenAI was on a trajectory to achieve annual revenues of $1.3 billion.
Reports from The Information suggest that the Silicon Valley firm is offering salaries up to $10 million to lure engineers from competitors, including Google.
