Sberbank announced the release of GigaChat, a technology designed to compete with ChatGPT in the artificial intelligence chatbot market. The technology is currently in invite-only testing mode.
The ChatGPT chatbot, developed by OpenAI and backed by Microsoft, was released last year and has spurred a push in the technology industry to make AI more accessible to users. The goal is to transform the way people work and drive business success.
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According to Sberbank, GigaChat distinguishes itself by possessing greater proficiency in Russian than other international neural networks, thus facilitating more intelligent communication.
Russia’s primary bank has made significant investments in technology to decrease its dependence on imports. This is particularly important as Western nations have reduced exports to Russia and instituted sanctions due to Moscow’s actions in Ukraine.