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OpenAI (ChatGPT), StabilityAI, Anthropic (Claude) and Others Launch Impressive Tools that Generate Text, Art, Code and Smart ChatBots, Business and Industry Trends Analysis

Major competition among large language models and generative AI platforms:  OpenAI (openai.com) created GPT, or Generative Pre-trained Transformer.  It uses language-processing algorithms mined from massive numbers of gigabytes of data gathered by internet crawling, enabling it study digital data files (machine learning) in order to answer questions, write essays and summaries, translate languages, create memos or program computer code, among other tasks.  (This process is known as “generative AI.”)
By 2023, OpenAI had accepted substantial investments from Microsoft.  Importantly, it had launched leading-edge AI interfaces, including ChatGPT that are easy to use in the automated research and creation of text (such as magazine articles and business reports), art and graphics (such as illustrations for websites), music and even the writing of complex computer code. 


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