CNBC July 5, 2023
Key Points
– AI may be the hottest thing in technology, but OpenAI’s ChatGPT is not on pace to challenge Google’s grip as the search engine leader, according to analysis from Bank of America Securities.
– Analysts found that app downloads for ChatGPT and Microsoft Bing have slowed in recent weeks, citing Sensor Tower data.
– ChatGPT downloads on iPhones in the U.S. were down 38% month over month in June, according to the note.
AI may be the hottest thing in the technology industry, but OpenAI’s ChatGPT is not on pace to challenge Google’s grip as the search engine leader, according to new analysis from Bank of America Securities.
Analysts found that app downloads for ChatGPT and Microsoft Bing...
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