The explosion of interest in ChatGPT and generative AI has tech giants scrambling to rethink and rewrite their product plans to capitalize on the trend.
What's happening: Every major tech company has been investing in AI for years, but the overnight ChatGPT craze that kicked off at the end of 2022 has given the industry a ravenous appetite for one specific flavor of AI — generative programs that produce text, images and other content in response to user prompts.