Good evening - You've seen the headlines about the artificial intelligence (AI) platform ChatGPT being able to write term papers and articles in a matter of minutes. 2023 looks to be shaping up as the year of AI, thanks to the mainstream frenzy over platforms like ChatGPT. After initially investing $1 billion, Microsoft Inc. (NASDAQ: MSFT) is considering investing an additional $10 billion into parent company Open.AI. ChatGPT is also backed by Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk. The platform gained over a million users just five days after its launch. This has caused Alphabet Inc. (NASDAQ: GOOGL) investors concern that Google Chrome may face serious competition with AI platforms that can go beyond just searching and creating content, programs, poetry, articles, marketing materials, and conversations.
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William Bushee MarketBeat |
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