THE RACE to have AI is over.
Every big tech company now has an AI department, and is busy adding AI software and hardware to nearly everything in its portfolio. The race has now turned to building those large-scale models into really large-scale ones. The thinking is that the winners will be the ones with the biggest models: a lot of expensive hardware is currently being screwed together in server farms, and massive data sets collated.
The biggest AI application by far is OpenAI’s ChatGPT, and it’s estimated that 92 percent of Fortune 500 companies use it. Apparently, it boasts over 2 million developers. A new version is under testing, GPT-4 Turbo, which uses a new, larger data set, and can accept 300 pages worth of text prompt. Amazon is developing a system comparable with ChatGPT, called Olympus, but with double the parameters. The more parameters (variables) you have, the better the output. Meanwhile, Apple is reportedly about to invest $1 billion in getting AI into its products. Microsoft poured $10 billion into OpenAI early this year. Elon Musk has a new chatbot too, called