This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

The biggest tech-focused breakthrough of the decade, as some have labeled OpenAI's generative artificial intelligence algorithm ChatGPT, continues to ripple through multiple sectors, ranging from cloud-based infrastructure providers to AI-focused crypto projects.

OpenAI's ChatGPT initiative leverages deep learning via Generative Adversarial Networks (GANs) to create new content that is virtually indistinguishable from human-created content. To do so, GANs use two types of neural networks, where a generator creates new content while a discriminator evaluates that content and then provides feedback to the generator. In this way, GANs progressively self-evolve.

We noted in a dedicated post last week that Microsoft and OpenAI have entered into a unique sort of partnership. The tech giant announced back in January 2023 that it was investing an additional $10 billion in OpenAI, bringing its total investments in the revolutionary company to $13 billion. In return for providing this funding, as well as access to its cloud-computing service Azure, Microsoft has received rights to 75 percent of OpenAI's profits until the tech giant is able to recoup the entirety of its $13 billion investment. Thereafter, Microsoft will receive 49 percent of OpenAI's profits until these returns reach the $92 billion mark, after which Microsoft's shares will revert to OpenAI's non-profit foundation.

Apart from the prospects of lucrative financial returns, Microsoft is now surging ahead in its quest to leverage ChatGPT's underlying technology in its own products. For instance, ChatGPT is about to be fully integrated with Microsoft's bespoke search engine Bing. Moreover, Microsoft's Azure cloud customers will soon receive access to various OpenAI tools, including the GPT-3.5 language system that is the progenitor of ChatGPT itself. Azure customers will also receive access to the DALL-E model that allows users to create images from text prompts. Microsoft is also deepening the integration of OpenAI's products with its Copilot programming tool, the Office suite of products, the Teams offering, and security-focused initiatives.

Jeff Bezos fled finance to start Amazon when he heard that the web was growing 2,300% per year, a 3 month doubling time.

chatGPT seems to be doubling monthly

(And about to cross a billion weekly pageviews) pic.twitter.com/qH8sMuJkJj

— Brett Winton (@wintonARK) February 2, 2023

Meanwhile, ChatGPT's usage is currently experiencing phenomenal growth. According to a study by UBS, ChatGPT reached 100 million monthly active users in January 2023, following its launch a mere two months back. Moreover, 19 million unique users interacted with ChatGPT every day in January. As per a tabulation by ARK Invest's Brett Winton, ChatGPT's use is currently doubling every month!

$OPENAI.IPO According to UBS analysts, ChatGPT reached 100M unique monthly users in Jan two months after launching; Surpassed TikTok and became fastest growing app ever (OpenAI)

- ChatGPT had ~590M visits in January $MSFT

(More at https://t.co/VRKpWudmCY)

— TradeTheNews.com (@Trade_The_News) February 6, 2023

Perhaps in recognition of the serious challenge that ChatGPT poses to Google's search engine dominance, particularly in light of the far-reaching partnership between OpenAI and Microsoft, Google has amped up its own investments in the AI space.

We're excited to use Google Cloud to train our AI systems, including Claude! https://t.co/IaqQ5lpJrP https://t.co/vOn5Cj4sPt

— Anthropic (@AnthropicAI) February 3, 2023

Recently, Google Cloud invested $300 million in the AI startup Anthropic. Under the terms of the deal, Anthropic will leverage Google Cloud's hardware to train its AI systems. In return, Google will receive a 10 percent stake in the company. Of course, Google is also working on its own chatbot called the Apprentice Bard.

SingularityNet's AGIX Coin Price

The ChatGPT phenomenon is also creating ripple effects in the crypto sphere. For instance, since the start of 2023, SingularityNet's AGIX coin is up a whopping 850 percent!

The #AI narrative stole the spotlight again with tech giants' big investment.@Microsoft invested $10B in @OpenAI's ChatGPT while @Google poured $300M in Anthropic.

AI tokens pumped widely following the news, despite the decline in $BTC price at the beginning of the week. pic.twitter.com/x7ZH9qVFry

— COIN360 (@COIN360com) February 6, 2023

For the uninitiated, SingularityNet is a blockchain-powered ecosystem that enables the ability to easily "create, share, and monetize" AI services. Users can deploy the native AGIX coin to purchase a variety of AI services from listed vendors. SingularityNet's ongoing key initiatives include Sophia, a humanoid robot that is able to fully understand humans, and OpenCog, an AI framework that is expected to one day reach human-level intelligence.

As we noted in another post, the ChatGPT phenomenon is also expected to benefit chipmakers such as NVIDIA, whose AI GPUs will play an important role in fueling the ongoing evolution of AI systems.

Note: The figure for average daily ChatGPT visits in January has been corrected.