Chat with AI: OpenAIs GPT now available on Apple Store

Chat with AI: OpenAIs GPT now available on Apple Store

OpenAI’s ChatGPT has been launched on the Apple Store, but the company may lose millions in profits due to Apple’s 30% fee, and CEO Sam Altman has warned that they may leave the European market over regulatory pressures.

In this post, we look at the latest relevant news regarding developments at OpenAI and its flagship product ChatGPT.

The chatbot has been successfully launched in Apple’s application store and in the meantime  Sam Altman, the CEO of the artificial intelligence company, has announced that they can potentially leave the European market if regulations do not become more flexible.

Full details below.

OpenAI and the launch of ChatGPT on the Apple Store: millions in profits lost in fees

Past week OpenAI launched ChatGPT inside the Apple Store and instantly enjoyed huge success.

Right from the start, the chatbot topped the charts in the free application category, probably due in part to the “must have” label given to it by Apple.

The product is as of now available only to users in the  United States but may soon be rolled out to other countries.

Nonetheless, the multinational tech company, established by the legendary Steve Jobs, does not appear to be interested in developing its own “generative AI” system capable of generating text, images, and video for users.

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Rather, Apple prefers to exploit the success of others and take the now trending 30 percent fee on internal sales of its application store.

In particular  in this case, Apple will take $6 to $20 monthly from iOS users for each ChatGPT Plus subscription

Given the success of ChatGPT and its rapid expansion across the planet, this “little trick” could cost OpenAI millions of dollars in fees.

Regardless of “Apple’s bite” of 30 percent on the app’s profits, the Artificial Intelligence (AI) systems developer preferred to opt for the native in- application buy system instead of choosing to go a separate route.

The cryptocurrency world community did not take the latest information very well arguing that in- application Non-Fungible Token (NFT) purchases would become an expensive affair.

Several have ironized the matter by saying that Ethereum (ETH), a blockchain tech that is more expensive in terms of gas charges, is cheaper than Apple.

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OpenAI could exit the European market owing to regulatory pressures

Although while OpenAI is pushing hard in the United States with the launch of ChatGPT in the Apple store of iOS operating systems, the same cannot be stated in Europe.

Overly strict controls could hold back the company’s expansion on the continent even leading to a cease of operations.

Reports by speculation informed by Reuters, Sam Altman, CEO of OpenAI, has reportedly indicated that if the company fails to comply with Artificial Intelligence (AI) regulations in the Union it will withdraw from the European market.

These are his words: 

“There’s so much they could do, like changing the definition of general-purpose Artificial Intelligence (AI) systems. There’s many of things that may be done.”

Going into more detail, the EU Artificial Intelligence (AI) Act would require corporations to disclose copyrighted materials used in the development of generative artificial intelligence, which would greatly penalize OpenAI.

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To be fair, even Apple, in the wake of other companies’ decisions, reportedly recently banned its employees from using ChatGPT, fearing the loss of confidential data and storage on third party servers.

Nevertheless, over-regulation could harm Europe by depriving it of the developments and advances that Artificial Intelligence (AI) could attract institutions to society.

In this regard, there are speculation that the EU Artificial Intelligence (AI) Act is very likely be withdrawn because it is incapable of meeting market needs and potentially detrimental to the European Union.

The European Parliament has invited Joe Biden to jointly discuss the topic of Artificial Intelligence (AI) with the European Commission and Ursola Von Der Leyen, with the intention of producing a set of guidelines for the development of the sector. 

Several  days ago, within a panel discussion at University College London Altman stated that OpenAI will try hard to comply, but if it fails to do so, it won’t be hesitate to cease operations on the European continent.

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Solana (SOL) launches a plugin for ChatGPT

As OpenAI grows in popularity after the launch of ChatGPT in the Apple Store, Solana (SOL) is attempting to carve out its own space.

Several  days ago, the layer 1 blockchain tech announced that it had created an open source implementation that would allow its users to perform on-chain actions on Solana (SOL) directly through ChatGPT.

The Solana (SOL) community, already enthusiastic about the launch of the Web 3.0 smartphone “Saga” showed even more muscle after this integration that is of fundamental importance for the developments of the chain.

Solana‘s foundation on the latest information stated the following:

“This integration from Solana (SOL) Labs serves as a reference for how Artificial Intelligence (AI) can make it easier to comprehend Solana (SOL) data and protocols, or surface data about Solana’s computing infrastructure and Decentralized Finance projects.”

Anatoly Yakovenko, CEO of the “ Ethereum (ETH) Killer” network, believes Artificial Intelligence (AI) will make Solana (SOL) more usable and more understandable by enabling users to buy Non-Fungible Token (NFTs), inspect data and transfer assets with minimal effort.

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The blockchain tech firmly believes in future of the artificial intelligence, so much so that it has announced a willingness to invest $1 Million to $10 Million in strategic grants.

In a very short time, about fifty applications have already surfaced, motivating the foundation to invest in human resources, which are still scarce in the Artificial Intelligence (AI) sector.

In particular, Solana (SOL) will launch a 3- 30 days accelerator program for university students dedicated exclusively to experimenting with technologies of   blockchain tech and artificial intelligence.


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