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Showing posts from February 19, 2023

‘AI Could Be the Next Platform’: Silicon Valley Investors Rush to Find the Next ChatGPT

ChatGPT, Silicon Valley's latest app sensation, has investors rushing to find the next big thing in generative AI, the technology that some hail as the beginning of a new era in big tech. Artificial intelligence ( AI ) has been increasingly present in everyday life for decades, but the November launch of the conversational robot from start-up OpenAI marked a turning point in its perception by the general public and investors. "Every so often we have platforms that come along and result in an explosion of new companies. We saw this with the internet and mobile, and AI could be the next platform." said Shernaz Daver of California-based Khosla Ventures. Generative AI, of which ChatGPT is an example, wades through oceans of data to conjure up original content - an image, a poem, a thousand-word essay - in seconds and upon a simple request. Since its discrete release in late November, ChatGPT has become one of the fastest growing apps ever and pushed Microsoft and Googl