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ChatGPT is a versatile conversational AI technology that can revolutionize businesses by automating tasks, enhancing user experiences, and improving customer service. Developed by OpenAI, it uses deep learning to generate human-like responses and understand context. Its impact is felt across various industries, including customer support, e-commerce, healthcare, education, and entertainment. The pricing of ChatGPT is affected by factors such as model complexity, customization, and usage.