Every start-up is an AI company now. Bubble fears are growing.

That would beat social media app TikTok, which took nine months, and Instagram’s 2½ years to hit the same milestone, the analysts wrote. “In twenty years following the internet space, we cannot recall a faster ramp in a consumer internet app.”

While the report kicked off a wave of news coverage and excitement — a relief for a beleaguered tech industry struggling with a downturn — the 100 million number was based on website visits, not official “monthly active user” numbers from OpenAI itself, which would have been comparable to the TikTok and Instagram stats.

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