On Monday, the Russian lender Sberbank announced the release of competing technology to ChatGPT. The Russian equivalent of ChatGPT, referred to as GigaChat, is presently in an invite-only beta testing phase.
Sberbank announced that it has entered the battle for the top artificial intelligence chatbot, claiming that ChatGPT was no match for its own chatbot. The bank claims that GigaChat’s capacity for intelligent Russian communication is what distinguishes it from other chatbots and other international neural networks.
According to Reuters, Sberbank, the largest bank in Russia, has made significant investments in technology recently. This, according to the news agency, results from the desire to lessen the country’s dependency on imports.
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Reducing Russia’s reliance on imports has recently taken on essential importance as Western countries implement sanctions against the country in retaliation for its invasion of Ukraine. Along with the United States, many other countries have drastically reduced their exports to Russia.
China has also released its own AI-based chatbot in addition to Russia. Chatbots like Russia’s GigaChat, developed by Baidu’s Ernie and Alibaba’s Tongyi Qianwen, can converse in the original tongue of the country.