ChatGpt AI: ChatGPT’s popularity to help AI-powered content creation platform in India: Writesonic’s Samanyou Garg

AI-powered content creation platform Writesonic plans to reach $1 billion valuation by 2023 as the company has reported many fold growth following the popularity of OpenAI’s ChatGPT chatbot, Samanyou Garg, founder of the company told ET.

Writesonic is a Y-Combinator backed AI writing and image generation platform and has raised $2.5 million, he added.

“We currently have 3 million users and current valuation of the company should be around 250 million USD. Following the footsteps of OpenAI’s ChatGPT, we have recently come up with ChatSonic for anyone looking to create engaging content quickly,” Garg said.

ChatSonic is integrated with Google search results and its API allows businesses to easily integrate it with their own platform.

“In the last 3-4 weeks, ChatSonic’s user base has grown by 10X with hundreds of thousands of users using the platform every week. So far, ChatSonic has generated more than 3 million pieces of content that is equivalent to more than 1 billion words,” he said.

The company is backed by investors like HOF Capital (investors in Uber, Stripe, Alibaba, UiPath, Klarna), Rebel Fund (team includes founders of Instacart, Reddit, and Cruise), Soma Capital (investors in Deel, Rippling, Razorpay, Lattice, coda, Rappi), Broom Ventures, Amino Capital (investors in Zoom, Webflow, Rippling).

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