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GigaChat: the largest bank in Russia creates a competitor for ChatGPT

  • April 24, 2023
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Sberbankthe largest bank in Russia, announced on Monday (24) the launch gigchat, technology that promises to compete with ChatGPT, from Microsoft-backed startup OpenAI. Initially, GigaChat will only be

Sberbankthe largest bank in Russia, announced on Monday (24) the launch gigchat, technology that promises to compete with ChatGPT, from Microsoft-backed startup OpenAI. Initially, GigaChat will only be available to a select group of test users.

The creation of ChatGPT last year has accelerated the tech industry’s race to put artificial intelligence in the hands of more users. The hope is to change the way people work and do business.

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According to Sberbank, GigaChat stands out for its ability to communicate more competently in Russian than other foreign neural networks.


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In recent years, the Russian bank has invested heavily in technology in an effort to reduce the country’s dependence on imports. This process has become even more important due to the reduction in exports to Russia and the sanctions imposed by Western countries as a result of Moscow’s actions in Ukraine.

With the launch of GigaChat, Sberbank aims to expand its presence in the technology market and compete with other large companies that are already investing in artificial intelligence. There is still no forecast of GigaChat’s availability to the general public.

chatbot race

In recent years, building AI-powered chatbot systems has been a fast-paced race. Big companies like Google, Alibaba, and now even Elon Musk are investing in chatbot technology to develop better systems that can give more accurate answers and help companies communicate more effectively with their customers.


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The TruthGPT chatbot, conceived by Elon Musk, will be developed by his company Neuralink. The idea is to create a chatbot that can communicate with people in a more natural way, as if you were talking to a friend. Google, for its part, is working on its Bard chatbot, which promises to support longer and more complex conversations with people. In China, companies like Alibaba are developing advanced chatbot systems to help with customer service and improve user experience.

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