OpenAI’s ‘flatlining’ subs in Europe: The AI boom’s poster child may be struggling to recruit new subscribers, Deutsche Bank warns

User spending on ChatGPT has “stalled” and “the value of OpenAI subscriptions, which surged from a standing start in January 2023, has flatlined in the major European markets over the past four months,” according to new data published by Deutsche Bank. OpenAI made a $500 billion commitment to buy 10 gigawatts of custom-designed chips from Broadcom yesterday, and has previously committed to spending $1 trillion with Nvidia, AMD, and Oracle. But “the poster child for the AI boom may be struggling to recruit ...