Who Are The Competitors Of Chatgpt?

ChatGPT is an AI chatbot developed by Microsoft-backed OpenAI and launched in the month of November 2022. It is a member of the generative pre-trained transformer (GPT) family of language models and is based on GPT-3.5 and GPT-4 families of large language models (LLMs). ChatGPT is capable of processing large volumes of data accurately and interacting intelligently, just like a human being. Generative AI is a category of AI algorithms which can produce more accurate content based on the training data and ChatGPT is an example of text based generative AI. In the emerging market of AI chatbots, generative AI is a real game changer and ChatGPT is the poster boy in the world of AI chatbots.