ChatGPT had an explosive debut, reaching 1 million app downloads in its first five days. Its emergence has put a spotlight on the generative AI arms race among the tech giants. Put the headlines in perspective with these five charts—then get a deeper view with our “ChatGPT and Generative AI” report.

Funding Has Survived Economic Uncertainty

Investment in generative AI startups grew over 20% in the US last year, per PitchBook, bucking a negative trend among VC activity overall. While the hockey stick growth phase may be over, Microsoft’s reported $10 billion investment in OpenAI suggests the ceiling isn’t yet in view.