Generative AI’s wild 2023: How the viral technology took over the world

ChatGPT was well on its way to becoming a household name even before 2023 kicked off.

Just weeks after the Nov. 30 launch of the generative artificial intelligence (AI)-powered chatbot, OpenAI, the non-profit behind ChatGPT, was projected to rake in as much as $1 billion in revenue in 2024, sources told Reuters at the time.