The introduction of ChatGPT appears to have sparked a wave of innovation in the field of AI. All of a sudden, every tech business is using buzzwords like conversational AI, generative AI, LLM (linguistic learning model), and artificial intelligence. Nearly every mega-cap tech firm has disclosed in recent weeks how it intends to use AI to revolutionize its business and stocks for chatbots. In this article, we’ll look at the 5 best stocks for chatbots as ChatGPT gains market share.
Microsoft Corporation, which has ambitious aspirations to enter the AI market and disrupt several sectors, is undoubtedly one of the most prominent AI and chatbot stocks to purchase right now. When it comes to AI, Microsoft CEO Satya Nadella has been tenacious. Bing search will now be powered by ChatGPT-based language learning models from Microsoft. Updates are being released to make it simple for Windows 11 users to use the taskbar to access the Bing chatbot. Azure Operator Nexus is a new cloud platform powered by AI that Microsoft is introducing for telecom firms.
AI is nothing new to Amazon. Amazon employs AI across all areas of its business, including AWS, smart home systems, and warehouses. One of the most intelligent AI-based assistants is Amazon’s Alexa, which is utilized by millions of people worldwide. As a massive player in the cloud computing and e-commerce industries, Amazon might use its clout to enter the AI wars and compete against Microsoft and Google.
Alarmed by Microsoft’s alliance with OpenAI, Alphabet Inc. Google was known to have top-notch AI capabilities for years, but for a variety of reasons, it was unable to take the lead in developing and releasing a usable AI product. After ChatGPT, Google moved quickly to release Bard, their own AI chatbot, which experienced some initial difficulties and resulted in significant losses for the firm and public humiliation. Yet, because of its many years of business expertise and DeepMind technology, Alphabet’s AI is quite mature and developed. BofA has said that because of its DeepMind Sparrow LLM and most recent Bard chatbot, Google expects to prosper in the AI industry.
How might Meta Platforms fall behind in the AI chatbots race that industry behemoths like Microsoft, Google, and Amazon are leading? Recently, Mark Zuckerberg garnered media attention when he revealed that Meta Platforms will soon release its own AI-b language model, known as LLaMA, or Large Language Model Meta AI. Similar to previous AI language models, LLaMA reads word sequences as input and guesses the next word to produce text iteratively. According to Meta Platforms, 20 distinct languages were used to train its language model.
Salesforce, a CRM firm, is renowned for its Einstein AI technology, which is largely utilized by businesses to enhance their customer experience. Salesforce Einstein Bot is fundamentally a chatbot that uses natural language processing (NLP) and natural language understanding (NLU).
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