Microsoft's landmark deal with OpenAI shows that ChatGPT is going to be the defining technology of 2023

ChatGPT has taken the tech world by storm in just a few short months. The viral success of the chatbot, made by OpenAI, has caused a huge ripple across the tech industry. Venture capitalists are betting big on startups that are getting in on the craze, even as Google moves quickly to address the threat that ChatGPT poses to its core search business. In 2022, investors put at least $1.37 billion into generative AI startups, usually at the seed stage. That's almost as much as what was invested in the market in the previous five years combined, according to PitchBook.