ChatGPT's Growing Competition: 4 A.I. Startups On Big Tech's Radar

#artificialintelligence 

The roaring success of ChatGPT has triggered a race among Big Tech companies to either come up with their own competing artificial intelligence products or buy a stake in promising startups that could become the next OpenAI, the creator of ChatGPT. In the past month, Microsoft, Google and China's Baidu have each presented their responses to ChatGPT. In the meantime, some of these companies have also invested or formed partnerships with lesser-known startups specializing in generative A.I., the technology behind text and image generators like ChatGPT and Dall-E, OpenAI's other viral product that can generate digital images based on text prompts. There is a natural attraction between A.I. startups and tech behemoths. Many startups rely on the cloud infrastructure of large tech companies to train their algorithms, while tech giants often see them as potential investment or acquisition targets to expand their business without having to do the early-stage research themselves.

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