Posted 3/20/2024, 9:00:00 AM
Consumer AI Chatbots Struggle to Scale as Hype Cools and Founders Pivot
- Inflection AI, a consumer AI chatbot startup, imploded this week as founders left to join Microsoft, exiting the consumer business
- Inflection raised over $1B at a $4B valuation in 2022 but its chatbot Pi only had 1M daily users
- ChatGPT also stalled at 1.8B monthly website visits after initially surging post-launch
- Other consumer AI chatbots like Claude, Character.ai, and Perplexity are struggling to gain scale
- OpenAI is focusing more on enterprise platforms versus pure consumer chatbots to make money