According to a Google Cloud director, the race to develop AI technology amongst businesses is still in its early stages.
Director of Middle East and North Africa Tarek Khalil stated that the recent competitiveness was “just the beginning”.
After OpenAI’s ChatGPT was released last year, the tech industry—particularly Microsoft and Google—became embroiled in an AI arms race. Both businesses have announced similar chatbots, AI-powered search, and workplace assistants, and they have been developing AI-powered products at a rapid pace.
Khalil stated that businesses were only now beginning to use AI, despite some indications that consumer interest in the technology is beginning to wane following a vigorous year-long hype cycle.
He expressed his belief that artificial intelligence (AI) has a bright future, citing the current investments made by companies in resources, partnerships, and tech.
He added, “We are only scratching the surface thus far, especially when use cases begin to be developed.” There are numerous engagements on that front, and it is certain that models will skyrocket in the near future. Not only are there numerous investments coming in from the technology provider, but also from the end user and the partner.
Khalil perceives the coming years to be the era of artificial intelligence.
Amidst the intensifying AI competition, Google has introduced Gemini, a prospective competitor to OpenAI’s GPT-4. Immediately, the long-awaited AI model, which has experienced multiple delays, is being integrated into Bard; a more sophisticated model is scheduled to be released next year.
