Russia’s Sberbank releases ChatGPT rival GigaChat


April 24 (Reuters) – Russian lender Sberbank (SBER.MM) stated on Monday it had launched know-how referred to as GigaChat as a rival to ChatGPT, initially in an invite-only testing mode, becoming a member of the bogus intelligence chatbot race.

The discharge final 12 months of ChatGPT, a chatbot from the Microsoft-backed (MSFT.O) startup OpenAI, has precipitated a dash within the know-how sector to place AI into extra customers’ arms. The hope is to reshape how folks work and win enterprise within the course of.

Sberbank stated what units GigaChat aside was its capability to speak extra intelligently in Russian than different overseas neural networks.

Russia’s dominant financial institution has invested closely in know-how lately, in search of to scale back the nation’s reliance on imports, a course of that has turn into critically necessary as Western nations have slashed exports to Russia and imposed punitive sanctions over Moscow’s actions in Ukraine.

Reporting by Alexander Marrow
Enhancing by Gareth Jones

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