Digital Transformation Slows Down the Global Economy
ChatGPT Dominates the AI Market with Cutting Edge Features
By Aarti Dhapte , 11 December, 2023
Artificial intelligence shows innovative developments that accelerate technical advancement in every field. The cutting-edge technologies help to build new ideas for extra features that help to advance the users' experience. Two recent innovations are seen in the artificial intelligence market: X (formerly Twitter) unveils a new chatbot called 'Grok' while OpenAI introduces GPT-4 Turbo, Assistant API, Custom GPTs, and more features in November 2023.
OpenAI develops custom versions of ChatGPT and allows users to accomplish their work conveniently in both sectors. This option will enable users to prepare a customized version of ChatGPT for themselves that does not require any prior coding knowledge. The company plans to open a store by the end of November 2023, allowing users to find customized GPTS from the lot developed by other users. This mechanism in the store will also allow users to earn money from their tailored GPTS. Based on the recent announcement from OpenAI, several new products and services are to be launched soon. One among them is GPT-4 Turbo, which offers a 128k context window to process more than 300 pages of text in a single prompt. The new feature is three times cheaper than GPT-4 in the case of input tokens and twice for the output tokens.
Similarly, X (formerly Twitter) is ready to launch a Grok-named chatbot for users in the second weekend of November 2023. The AI-based company, xAI, built by X, will have real-time access to user posts on social media platforms. The company claims to have surpassed the level of GPT-3.5 but admits that there is still more to develop to beat ChatGPT. xAI shows progress in training language models with excellent efficiency, as per the sources
Therefore, ChatGPT leads in the artificial intelligence market with various features that attract more users in different fields.Change in ChatGPT Website Visitors Since Launch
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Aarti Dhapte
Team Lead - Research
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