• bitcoinBitcoin(BTC)$86,968.007.26%
  • ethereumEthereum(ETH)$2,783.115.64%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$804.714.76%
  • rippleXRP(XRP)$1.538.95%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$119.218.21%
  • tronTRON(TRX)$0.3441010.32%
  • zcashZcash(ZEC)$1,453.84-2.25%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.010.00%
  • HyperliquidHyperliquid(HYPE)$93.410.69%
  • dogecoinDogecoin(DOGE)$0.10023514.72%
  • moneroMonero(XMR)$588.515.01%
  • whitebitWhiteBIT Coin(WBT)$87.485.72%
  • RainRain(RAIN)$0.014000-0.72%
  • chainlinkChainlink(LINK)$13.155.24%
  • USDSUSDS(USDS)$1.000.02%
  • cardanoCardano(ADA)$0.2462928.44%
  • leo-tokenLEO Token(LEO)$8.92-0.17%
  • stellarStellar(XLM)$0.2143029.79%
  • uniswapUniswap(UNI)$8.821.22%
  • bitcoin-cashBitcoin Cash(BCH)$267.516.39%
  • nearNEAR Protocol(NEAR)$4.07-1.94%
  • avalanche-2Avalanche(AVAX)$11.13-0.56%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • litecoinLitecoin(LTC)$62.386.31%
  • CantonCanton(CC)$0.1165877.73%
  • daiDai(DAI)$1.000.00%
  • USD1USD1(USD1)$1.000.01%
  • suiSui(SUI)$1.0214.65%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.465.44%
  • hedera-hashgraphHedera(HBAR)$0.0920107.17%
  • shiba-inuShiba Inu(SHIB)$0.0000068.61%
  • BittensorBittensor(TAO)$307.3216.89%
  • MemeCoreMemeCore(M)$1.491.64%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • crypto-com-chainCronos(CRO)$0.06524610.45%
  • paypal-usdPayPal USD(PYUSD)$1.000.02%
  • tether-goldTether Gold(XAUT)$4,344.09-0.62%
  • okbOKB(OKB)$123.504.82%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • Ripple USDRipple USD(RLUSD)$1.00-0.01%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.140.02%
  • aaveAave(AAVE)$145.956.77%
  • BitwayBitway(BTW)$0.8310.35%
  • OndoOndo(ONDO)$0.4532395.75%
  • mantleMantle(MNT)$0.657.20%
  • EthenaEthena(ENA)$0.210967-2.72%
  • pepePepe(PEPE)$0.00000523.10%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

A year ago, it was just ChatGPT — now LLMs are everywhere

November 30, 2023
in AI & Technology
Reading Time: 5 mins read
A A
A year ago, it was just ChatGPT — now LLMs are everywhere
ShareShareShareShareShare

Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour. Learn more about the opportunities here.


When OpenAI launched ChatGPT a year ago today, the idea of an AI-driven personal assistant was new to much of the world.

YOU MAY ALSO LIKE

Here’s Why Apple’s Mac Studio Has Become So Expensive

Tesla Will Soon Roll Out FSD Supervised In The Czech Republic

We all had seen chatbots capable of providing pre-programmed responses, but nobody thought they could have an actual conversational companion, one that could talk about anything and everything and help with all sorts of time-consuming tasks — be it preparing a travel itinerary, providing insights into complex subjects or writing long-form articles.

Fast forward to the present: despite all the company drama – from Italy’s short-lived ban to Sam Altman’s ouster and triumphant return, ChatGPT continues to be the go-to AI assistant for millions of internet-connected users. It’s present on the web and mobile devices, helping with various tasks and witnessing engagement on the scale of billions.

According to SimilarWeb, in October 2023 alone, ChatGPT saw nearly 1.7 billion visits across mobile and web, with 193 million unique visitors and each visit lasting for about 8 minutes. To put into perspective, this is way more than the engagement witnessed by popular services on the internet, including Zoom and (214M visits) Google Meet (59M visits).

VB Event

The AI Impact Tour

Connect with the enterprise AI community at VentureBeat’s AI Impact Tour coming to a city near you!

 

Learn More

But, beyond bringing conversational AI into the lives of millions in a matter of months, ChatGPT has also managed to catalyze the broader AI ecosystem. Soon after its launch, generative AI was the talking point for all, leading to the launch of dozens of consumer-facing offerings for producing text, music, video and code.

For chat and code, many of these offerings — like Github Copilot and Perplexity AI — leveraged fine-tuned versions of the GPT series of models that power ChatGPT. Several enterprises and startups also tapped the OpenAI APIs for internal business applications and creating custom GPTs for granular tasks like data analysis.

More importantly, in this race to jump on the AI bandwagon, many startups and tech giants also developed their own proprietary large language models (LLM) and came out with equally well-performing general-purpose chatbots that could understand, reason and respond to user prompts. Yes, they might not be as popular as ChatGPT yet, but they sure have democratized the space, making sure the OpenAI assistant is not the only of its kind.

The age of conversational AI assistants

First to the scene after OpenAI were Anthropic and Google.  Mere months after ChatGPT’s launch, both companies debuted their respective conversational assistants: Claude and Bard. 

Anthropic, which was founded in 2021 by ex-OpenAI employees, focuses heavily on safety and ethics and has trained its assistant as a “constitutional AI,” where it follows certain sets of rules and improves with automated feedback. Bard, on the other hand, has been built on the Pathways Language Model 2 and works around Google search, using access to the internet and natural language processing to provide answers to queries with detailed context and sources. They both are seen as the biggest rivals of ChatGPT.

But, there’s more.

Following Claude and Bard’s arrival, other interesting chatbots also started cropping up, including a year-old Inflection AI’s Pi assistant, which is designed to be more personal and colloquial than rivals, and Corhere’s enterprise-centric Coral.

Of course, we can’t forget about Meta Platforms’ Llama 2 model — which has sparked a wave of development and fine-tuned variants due to the fact that it is open source.

Most recently, six-month-old Reka debuted Yasa-1, which leverages a single unified model to understand words, images, audio and short videos, and Elon Musk’s xAI announced Grok, which comes with a touch of humor and sarcasm and uses real-time X data to provide most recent information.

Notably, while all these assistants have been designed to help users with tasks ranging from general search and text summarization to writing, one must always keep in mind that they are continuously evolving. The capabilities and limitations they have today may not remain as is a few months later. 

After all, when ChatGPT launched a year ago, it was a text-based assistant. Today, it supports voice commands and images as inputs and even has its own voice to reply like Alexa.

Market-specific assistants are also here

In addition to the big ones mentioned above, several market-specific AI assistants have also been developed — tailored to different industries, audiences, languages and more distinct uses.

This includes South Korean internet giant Naver’s HyperClovaX as well as China’s famous Ernie and recently-introduced DeepSeek chatbots, as well as Poro and Nucleus, the latter designed for the agricultural business.

India’s Reliance Industries has also moved to launch a generative AI assistant designed for the country’s diverse dialects and has secured Nvidia’s computing infrastructure for the job.

That said, with so many players already working to deliver on the promise of conversational AI and many more moving towards launch, it is safe to say that the AI race is far from over. As the underlying models get better and capabilities improve, including chatbots’ ability to provide more natural and relevant responses with minimal hallucinations, the gap between these players is expected to reduce, further pushing the bar on AI.

On its first birthday, ChatGPT continues to be the category leader in the AI game. However, it will be interesting to see how it maintains this position in the coming years and moves towards a safe and responsible AGI for all. According to Precedence Research, the global conversational AI market is expected to grow nearly 24% in the coming years and surpass $86 billion by 2032. Will LLMs become commoditized, with every industry or potentially even every company having their own specific one? Time will tell: check back here in a year.

VentureBeat’s mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Here’s Why Apple’s Mac Studio Has Become So Expensive
AI & Technology

Here’s Why Apple’s Mac Studio Has Become So Expensive

September 21, 2026
Tesla Will Soon Roll Out FSD Supervised In The Czech Republic
AI & Technology

Tesla Will Soon Roll Out FSD Supervised In The Czech Republic

September 21, 2026
Alibaba Qwen Releases Qwen-Image-2.1: A 7B Open-Weight Model for Image Generation and Editing
AI & Technology

Alibaba Qwen Releases Qwen-Image-2.1: A 7B Open-Weight Model for Image Generation and Editing

September 21, 2026
Collaboration Must Sit At the Heart of Manufacturing’s Multi-Agentic AI Approach. Here’s How. – Unite.AI
AI & Technology

Collaboration Must Sit At the Heart of Manufacturing’s Multi-Agentic AI Approach. Here’s How. – Unite.AI

September 21, 2026
Next Post
NFL LB Von Miller’s pregnant girlfriend accuses him of assault in Dallas – NBC 5 Dallas-Fort Worth

NFL LB Von Miller’s pregnant girlfriend accuses him of assault in Dallas – NBC 5 Dallas-Fort Worth

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Crypto’s biggest Senate push falls flat as the Clarity Act fails to clear a crucial procedural vote – CoinDesk

Crypto’s biggest Senate push falls flat as the Clarity Act fails to clear a crucial procedural vote – CoinDesk

September 15, 2026
Stay Tuned NOW Streaming Behind The Scenes! – Sept 02

Stay Tuned NOW Streaming Behind The Scenes! – Sept 02

September 18, 2026
White House bowling alley getting 3K upgrade

White House bowling alley getting $253K upgrade

September 18, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!