How Much Does It Cost to Develop a Chatbot Like ChatGPT?
How Much Does It Cost to Develop A Chatbot Like ChatGPT?
What is ChatGPT and How It Is Useful?
ChatGPT (Chat Generative Pre-Trained Transformer) is a breakthrough in the field of Artificial Intelligence (AI) and Generative AI. Since its introduction into the tech world in 2022 by OpenAI, ChatGPT has been a buzz in the tech world and across social media. Leveraging Natural Language Processing (NLP) and Machine Learning like major subfields of AI technology, ChatGPT is well-trained to interpret user queries and generate accurate content that the users look for.
Initially, OpenAI launched ChatGPT in Noven 2022 for the Android mobile app version in the USA and witnessed great attention soon. Later, upgrading the version and adding the latest advanced tech features like GPT4 integration, OpenAI released the newest version of GPT on March 2023 and made it available for iOS users. Surprisingly, with its first month of launch, the app has generated approximately four million downloads in the USA in its first month itself.
This newest language model-based AI Chatbot has its applications in many areas. From supporting students in preparing essays and other materials to assisting software developers in writing code, ChatGPT has its significance.
Additionally, ChatGPT is also popularizing in the field of Marketing and sales, where it is supporting marketing people to create compelling digital campaign content and also giving suggestions to write SEO-friendly website content. Further, for sales teams, ChatGPT’s contributions are incredible. It is helping sales personnel to write crispy introductions and follow-up emails faster. Likewise, the ChatGPT use cases are enormous.
On top of all top applications, AI-powered ChatGPT is a great assistant tool for graphic designers, where it accurately interprets user queries and recommends ideas for video or image designs.
Since the hype of ChatGPT is incredible, why don’t come up with an app like GPT? USM Business Systems has best practices in designing and developing of ChatGPT-like similar AI chatbot. In this article, with our experts’ input, we have given the estimated cost to develop an app like ChatGPT. Our app development consultants have also given insights into cost optimization strategies and how to create an AI Chatbot within your budget.
AI ChatGPT Chatbot Downloads Per Month from May 2023 to September 2023
Since the renowned ChatGPT mobile app launch into the U.S. iOS market on May 2023, the application generated approximately four million downloads within one month. When expanded to other global markets, the app reported total downloads of 12.5 million in July. Additionally, the Android version release propelled total downloads to almost 16 million in August.
These numbers indicate the rapid growth and quick evolution of ChatGPT AI and GenAI’s implementation. This is the right time to invest and attract user attention towards ChatGPT-like AI innovations.
Let’s look at how much it costs to create a ChatGPT clone app for Android and iOS.
The Cost To Make An AI Chatbot Like ChatGPT App
The ChatGPT app development costs will depend on multiple technical factors, such as the language learning model it deploys (Either GPT 3 or GPT 4), the database which is used to train the algorithm, and agile methodology implementation will all take an essential part of the development cost of ChatGPT AI app.
Further, the cost of developing a ChatGPT-like AI app will also be impacted by the complexity of the User interface and the other computational and analytical potentialities of this innovative software solution.
Accordingly, the expertise, location, and team size of the AI development company will also be significant cost-impacting factors in ChatGPT clone mobile app development. The hourly rate of mobile app development agencies will vary based on their industry experience and team capabilities. For instance, a top AI app development company in the USA will cost much more than the cost of hiring AI developers from India.
Considering all these factors, we estimate that the cost to build an app like ChatGPT will fall between $90,000 to $450,000. The cost might increase beyond the estimated range because ChatGPT is purely a novel and advanced revolution of AI.
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Tips To Reduce the Cost Burden Of ChatGPT App Development
By seeing the above-estimated cost figure, you might be concerned about the budget to kick start the development process of ChatGPT AI Chatbot. Being one of the biggest AI mobile app development companies in the USA, we would like to share a few tips to optimize the cost of ChatGPT clone app development.
Hire The Top AI App Developers
This is one of the most significant cost-cutting strategies when stepping ahead of ChatGPT like AI app development. An expert AI app development company will deliver fully advanced software solutions like ChatGPT on-demand. Top mobile app development companies with their vast industry expertise and required skill sets in their development team, will ensure quick development without compromising on quality. A faster development process will consume less time for app developers and help you save costs.
Partnership With Cloud Service Providers
According to the research analysts, training a large language model such as GPT-3 and GPT-4 will cost millions of dollars. ChatGPT-like AI chatbot requires huge data to train the algorithm. Hence, to reduce the burden of ChatGPT-like chatbot mobile app development expenses, partnership with cloud companies is a good strategy to access the information legally and train GPT.
Go-To-Market with MVP Approach
Here is another best strategy to lower mobile app development costs. Minimum Viable Product (MVP) development with primary features and user-friendly UI design will help you reduce the development costs. The release of MVP will also help you get the user feedback about the application performance and how your app is fulfilling their desired requirements. Hence, eliminating the development of advanced features does not add any value to the application, organizations can reduce AI-based app development costs.
Top mobile app development companies perform extensive research to match your application requirements with the ChatGPT trends, release MVP faster, make the application qualitative, and test GPT modules multiple times to ensure efficiency.
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Technology developments continue to emerge with the innovations in AI, such as the evolution of GenAI. Hence, GPT-like applications will need to be customized according to the business objectives. Currently, the ChatGPT Enterprise version using advanced GPT4 and GenAI capabilities is a hot topic now.
Businesses across the industries are in plans of integrating GPT 4 like complex LLM and GenAI to create accurate images, videos, and content in response to user prompts. Such advanced Enterprise ChatGPT development cost might go beyond $500,000 as it needs more development time, a huge database, and fully generative capabilities.
Hire the best AI developers and get expert guidance to Introduce your new version of an AI Chatbot app like ChatGPT.