Privacy and Tax Woes for OpenAI's ChatGPT iPhone App

1 min read
Source: Business Insider
Privacy and Tax Woes for OpenAI's ChatGPT iPhone App
Photo: Business Insider
TL;DR Summary

OpenAI's iPhone app for ChatGPT has quickly become a top app on the iOS App Store, with new subscriptions made through iOS giving Apple its customary 30% cut. Despite not being a leader in generative AI, Apple's grip on the app market means it can profit from the success of others. If ChatGPT Plus were to add 5 million new subscribers on iOS, that would equate to roughly $1.2 billion in annual revenue, with Apple collecting $360 million a year from OpenAI's creation. Apple's services business, which includes revenue from App Store subscriptions, has been a major growth driver for the company in recent years.

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