OpenAI's ChatGPT Hits 5.4 Billion Visits in August as Sora 2 Sparks Meta Concerns
OpenAI's ChatGPT app received a staggering 5.4 billion visits in August, with users engaging through text and creating videos using the new AI tool, Sora 2. The release of Sora 2 has sparked concern among investors in social media companies, including Meta Platforms, which saw its stock drop by over 2% in late trading.
Sora 2, an advanced AI video generation model, was released by OpenAI late last month. This tool can perform tasks previously deemed difficult or impossible for earlier models. Meanwhile, Meta Platforms, the parent company of Facebook and Instagram, has been investing billions in AI development, aiming to create 'AI Superintelligence' and other functionalities. If Sora 2 lives up to its promises, it could boost ChatGPT's popularity and potentially divert users' attention from Meta's platforms, raising concerns among investors in social media companies.
The release of Sora 2 has not only expanded the capabilities of OpenAI's ChatGPT but also introduced a new player in the AI video generation landscape. As Meta Platforms continues to invest heavily in AI development, the competition in this space is set to intensify, with potential implications for user attention and investment in social media companies.
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