ChatGPT-Maker OpenAI Said To Be Developing Software That Can Control Devices

OpenAI, the Microsoft-backed creator of ChatGPT, is in the development stages of an innovative agent software aimed at automating intricate tasks through device control, as per an individual familiar with the project, as reported by The Information based on source inputs. AltIndex.com data indicates an impressive 65 per cent surge in the GenAI market over the next two years, with OpenAI's ChatGPT cited as a significant driver of this growth. The GenAI market experienced an extraordinary ascent between 2020 and 2023, catapulting from $5.7 billion to $44.9 billion, reflecting a remarkable 690 per cent increase. Despite this deceleration, robust double-digit growth is anticipated to persist in the coming years, driving the genAI market to a projected valuation of $100 billion by 2026, marking a substantial 65 per cent increase within a span of two years. Meanwhile, China's genAI market is forecasted to witness even more rapid growth, with its valuation soaring by 72 per cent to $14.7 billion within the next two years, solidifying its position as the second-largest market worldwide.