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Top Tech News Today: Record Revenue for ChatGPT Mobile App, But Growth Rate Declines. Web3 Community Supports Displaced Citizens in Israel with ‘Crypto Aid’ Project

Harshini Chakka

The ChatGPT app achieves record revenue, but sees a declining growth rate up close

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: India's IT Sector Trails Behind in White-collar Hiring, down by 8.6%

Fast-Track Insights: Web3 Community Supports Displaced Citizens in Israel with 'Crypto Aid' Project

Both good and bad news are available for ChatGPT's mobile endeavors. On the plus side, the AI chatbot's app installs and income keep rising, with September establishing new highs for both metrics with 15.6 million downloads and close to $4.6 million in global gross sales across its iOS and Android apps. However, fresh information from market intelligence company Appfigures indicates that revenue growth has now started to halt. While revenue growth was above 30% over the previous two months (31% in July and 39% in August), that figure fell to 20% growth as of September.

White-collar employment decreased 8.6% year over year in September, according to a study issued on Monday, indicating a general downward trend in industries like FMCG, BPO or ITES, and IT. However, there have been roughly 6% more job postings per month. There were 2,835 white-collar job postings in September, down 8.6 percent from the previous year when 3,103 openings were advertised, according to Naukri.com's monthly "Naukri JobSpeak Index."

Artificial Intelligence (AI) is one of the most exciting and promising fields of study in the 21st century. AI is the science and engineering of creating intelligent machines and systems that can perform tasks that normally require human intelligence, such as learning, reasoning, perception, decision-making, and problem-solving. AI has applications in various domains, such as healthcare, education, finance, entertainment, and security. Read More

 The Israel Blockchain Association, Bits of Gold, 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, Blockchain B7, Efficient Frontier, Ironblocks, as well as Cointelegraph have teamed up to create Crypto Aid Israel, a global fundraising initiative to assist displaced Israeli citizens in need of humanitarian aid. The local civilian population has suffered greatly as a result of the continuous and developing conflict; the number of fatalities is currently estimated at thousands.

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