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by

Jessica

Hirst

Legal Tech Brief: what is ChatGPT?

ChatGPT is a cutting-edge internet sensation, launched by OpenAI in November 2022 and had over one million users in its first week[1] and is estimated to be worth 1 billion dollars by 2024.[2]ChatGPT uses Artificial Intelligence (AI) to interact in a conversational way and respond to questions; it works by using a large language model trained by OpenAI. It has been specifically trained to generate human-like text based on the context of the conversation in real-time.[3]

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