Microsoft launched its Bing Chat based on OpenAI's GPT-4. ChatGPT's release spurred the development of competing products, including Bard, Ernie Bot, LLaMA, Claude, and Grok. īy January 2023, it had become what was then the fastest-growing consumer software application in history, gaining over 100 million users and contributing to the growth of OpenAI's valuation to $29 billion. Successive prompts and replies, known as prompt engineering, are considered at each conversation stage as a context. Based on a large language model, it enables users to refine and steer a conversation towards a desired length, format, style, level of detail, and language. ChatGPT ( Chat Generative Pre-trained Transformer) is a chatbot developed by OpenAI and launched on November 30, 2022.
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