The interest in artificial intelligence (AI) has been there for several years, but in November 2022, ChatGPT sparked a revolution in AI that opened numerous possibilities and use cases. ChatGPT, an AI chatbot developed by Open AI, with its versatility, intelligence, and ability to have human-like conversations, contributes to its vast popularity and reach.
ChatGPT had amassed approximately 1 million users in five days and 100 monthly active users just two months into its launch to become the fasting-growing application in history, according to a UBS study. With the viral success of ChatGPT, AI has become a new buzzword on Wall Street, attracting massive investor interest.
