Google's CEO, Sundar Pichai, decided to fast-track the development of AI-based products, leading to a significant shift in the company's agenda. Similarly, Mark Zuckerberg reorganized parts of Meta around AI, while Microsoft's CEO, Satya Nadella, accelerated plans to incorporate AI into Microsoft's products. The release of ChatGPT also led to a significant increase in Microsoft's investment in OpenAI, from $1 billion to $10 billion. The article highlights the transformative impact of AI on the tech industry and the race among tech giants to capitalize on this technology.
Key takeaways:
- The release of OpenAI's ChatGPT, an AI program, in November 2022 sparked a scramble among tech companies, including Google, Microsoft, and Meta, to develop their own AI products.
- Google's CEO, Sundar Pichai, decided to fast-track the development of AI products, despite concerns about the technology's potential flaws and risks.
- Meta, formerly Facebook, also shifted its focus towards AI, with CEO Mark Zuckerberg acknowledging the need to match OpenAI's technology and push forward with AI development.
- Microsoft, which had invested in OpenAI, accelerated its plans to incorporate AI into its products, seeing the technology as a game changer that would touch every part of its business.