Russian Bank Sberbank Takes on ChatGPT with GigaChat
In Brief
Russian lender Sberbank has released GigaChat, a new AI chatbot.
GigaChat is currently in invite-only testing mode.
The chatbot is notable for its superior ability to communicate intelligently in Russian.
As the competition in the field of AI chatbots continues to intensify, Sberbank, Russia’s largest lender, has joined the fray as the newest contender. Sberbank has announced the launch of GigaChat, a cutting-edge chatbot technology that aims to compete with ChatGPT, which is banned in Russia. While GigaChat is currently undergoing testing in invite-only mode, it can become a serious contender in the market.
According to Reuters, GigaChat stands out from other foreign neural networks due to its superior ability to communicate intelligently in the Russian language.
AI chatbots like ChatGPT have revolutionized how businesses and individuals interact with technology. Artificial intelligence can now handle a broad range of tasks, from answering simple or complex questions to creating content and analyzing images.
AI’s immense potential has not gone unnoticed by major world powers, and many have developed their own versions of this powerful technology. China is no exception, having entered the AI chatbot market with Baidu’s Ernie chatbot, SenseTime’s SenseNova, and Alibaba’s Tongyi Qianwen. Like Russia’s GigaChat, these Chinese chatbots can communicate in the country’s native dialects.
Sberbank has made significant technology investments over the past few years to decrease the country’s import dependence. Reuters reported that this is particularly crucial in light of Western nations’ reduction of exports to Russia and the imposition of punitive sanctions due to Moscow’s actions in Ukraine.
There is a lack of information available about GigaChat at this time.
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About The Author
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.
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Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.
