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ChatGPT is a state-of-the-art artificial intelligence chatbot that uses natural language processing (NLP) and machine learning algorithms to generate human-like text responses. It was created by OpenAI to further advance conversational AI technology. Business professionals can leverage this powerful AI tool in various ways, including idea generation for new products or services. ChatGPT’s pre-training process allows it to have knowledge on a wide range of topics and contexts, making it capable of generating coherent and relevant responses.