Late in November 2022, OpenAI opened its artificial intelligence chatbot, ChatGPT, to the general public, and the rest may very well have become history. The application took the world by storm. It amassed 1 million users in five days and 100 million monthly active users only two months into its launch to become the fastest-growing application in history.
The generative AI-powered application’s capability to provide (surprisingly) human-like responses to user requests fascinated the general public with the possibilities of the technology. With the potential to be as revolutionary as the steam engine and electricity, this field has understandably garnered massive attention from investors who are reluctant to miss the bus on such a watershed development in the history of humankind.
