ChatGPT is the Apple of the eye for most IT giants now
The new chatbot ChatGPT, which is making waves in Silicon Valley, can spout haikus and crack jokes in Italian. It may soon be the bane of all teachers who have to deal with fake essays produced by AI-powered technology.
Elon Musk and investor Sam Altman co-founded the research company. It is anticipating a boom in business thanks to Microsoft Corp.'s (MSFT.O) $1 billion investment.
According to the sources, the company projects revenue of $200 million in 2019 and $1 billion in 2024.
However, the forecast shows how some in Silicon Valley are placing their bets. They are predicting that the underlying technology will advance far beyond flashy and occasionally unreliable public demos. The startup has already motivated competitors and businesses. These businesses are developing appli...