ChatGPT is an artificial intelligence (AI) chatbot developed by OpenAI and released in November 2022. It is built on top of OpenAI’s GPT-3.5 and GPT-4 families of large language models (LLMs) and has been fine-tuned (an approach to transfer learning) using both supervised and reinforcement learning techniques.
ChatGPT launched as a prototype on November 30, 2022 and garnered attention for its detailed responses and articulate answers across many domains of knowledge Its propensity, at times, to confidently provide factually incorrect responses, however, has been identified as a significant drawback In 2023, following the release of ChatGPT, OpenAI’s valuation was estimated at US$29 billion.
The original release of ChatGPT was based on GPT-3.5. A version based on GPT-4, the newest OpenAI model, was released on March 14, 2023, and is available for paid subscribers on a limited basis.
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