ChatGPT ignited a new A.I. craze. What it means for tech companies and who's best positioned to benefit

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Since the launch of ChatGPT late last year, no one in the tech world can seem to stop talking about artificial intelligence.

The conversational chatbot operated by Microsoft -backed OpenAI busted onto the scene late last year, garnering 1 million users within its first week on the market. Those tailwinds continued into 2023, with a multiyear and multibillion-dollar investment from tech and software giant Microsoft. And UBS and Similar Web project the platform surpassed 100 million monthly active users in January.

reported Tuesday that Google is already testing some of these features among employees as part of a plan to clap back against ChatGPT. But it's not just technology companies rethinking AI. Across sectors, companies are considering how they can use it to improve efficiency, collect data and even cut costs.

analysis . "We are witnessing nonlinear improvements in capability of foundation models, which we are making available as platforms," he added. "And as customers select their cloud providers and invest in new workloads, we are well positioned to capture that opportunity as a leader in AI.

 

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