Russia's Largest Bank, Sberbank, Introduces ChatGPT Rival
Russia’s largest bank, Sberbank, has officially introduced its very own ChatGPT rival, called GigaChat. Moreover, the new generative AI system was announced by the lender on Monday and is currently in the midst of an invite-only testing phase. The development allows Sberbank to join the ever-growing AI arms race. Subsequently, following the OpenAI program’s creation of a previously overlooked market. Conversely, Elon Musk and Google have all embraced the technology by developing their own kind of ChatGPT system. Additionally, Sberbank’s GigaChat is the latest competition. Sberbank Enters Generative AI Arms-Race The mainstream acceptance and utilization of ChatGPT have been the talk of the tech world so far in 2023. As many have feared for their jobs with the arrival of the system, the industry has sought to compete with the meteoric rise of the program. Now, another competitor has entered the ring. Russia’s largest bank is getting in on the competition, as Sberbank ...