The global artificial intelligence market is expected to grow to $98.1 billion by 2026. It is a large segment where different competitors are coming into play, where OpenAI with its ChatGPT recently was the indisputably dominating figure.
As multiple developers are looking to capitalize on the rapidly growing technology, they are also actively exploring existing alternatives of natural language processing models. By doing so, companies are looking for models specifically tailored to their needs, as well as possibilities to cut costs.
The search for other similar artificial intelligence platforms is also fueled by the need to diversify the technical basis of the business, in order not to be tied just to a single provider of such services.
According to the article published by Reuters, the position of OpenAI as a market leader is becoming a bit more hazy, contrary to earlier expectations of both OpenAI and their main backer, Microsoft.
“Did we only have a single internet service provider? In a similar manner, we will need multiple foundational model providers for a healthy functioning ecosystem. The current head start that OpenAI has will not make it the only choice,” commented George Mathew, an AI investor at Insight Partners.
And yes, companies are in fact adding other language processing models and platforms into their ‘mix’. For example, AI storytelling startup Tome specializing in the automated creation of slides, originally used GPT-3 algorithm from OpenAI. But as the service reached 3 million users this month, it started exploring alternatives, too.
The same startup now also uses a text processing model from Anthropic, which is a rival company to Open AI, and also plans to exchange the image generation model DALL-E created by Open AI for an open-source model Stable Diffusion made by Stability AI.
The aim here is to find the best-working machine learning model for any specific task that achieves the best quality with minimum delay.
GPT-4 which was recently introduced by Open AI, still remains the most powerful of them all according to many criteria. The company has previously said it is expecting to reach $1 billion in revenue by 2024.