The tech titans’ AI plans have undergone a seismic shift as a result of OpenAI’s ChatGPT’s virtually instantaneous success. They are already familiar with the generative AI technology that underpins OpenAI, but they are currently looking for methods to benefit from its success and establish themselves as industry leaders.

Furthermore, these businesses see generative AI as a key tool for attaining their long-term AI objectives, which include creating customized AI systems to cater to the particular requirements of their clients and adding generative AI capabilities to already existing goods.

The paper shows how the top IT firms, primarily MAGMA, are vying for supremacy in the market for generative AI. To maintain their position as market leaders in this quickly developing industry, these businesses are developing supporting models, hardware, and infrastructure in addition to introducing generative AI products and services.

Presents examples of real-world innovation from leading technology businesses across industries connected to generative AI products, models, hardware, and infrastructure. It sheds light on how major tech firms innovate in the field of generative AI to acquire a competitive edge.