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Investing.com -- Deepwater Management’s Managing Partner, Gene Munster, has shared his thoughts on the recent structural changes at OpenAI. The artificial intelligence research lab has transitioned from a for-profit LLC to a Public Benefit Corporation (PBC). Despite the change, OpenAI will continue to be supervised by a nonprofit entity.
While the exact timing for an Initial Public Offering (IPO) was not mentioned in the announcement, Munster speculated a possible IPO in 2027.
In terms of user growth, Munster predicts a significant increase in the number of ChatGPT users by the end of June. The platform’s growth rate is accelerating at a swift pace.
In November 2023, ChatGPT had approximately 100 million weekly active users. It took about 10 months for this number to double, reaching 200 million weekly users. By February 2025, the platform saw another doubling, reaching 400 million weekly users.
According to Munster’s projections, ChatGPT is on track to hit 800 million weekly users by the end of June, effectively doubling its user base again in just 4 to 5 months. This could translate to approximately 600 million daily active users by early summer, in comparison to the roughly 2.5 billion daily searches on Google (NASDAQ:GOOGL).
Munster clarified a statement made by Sam Altman at TED 2025 in April, where Altman cited a figure of 800 million users. Munster believes that Altman was referring to the total number of registered users, not weekly active users.
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