Anthropic Ups Its AI Chatbot Game With Claude 3, Rival to ChatGPT and Gemini

From CNET: AI startup Anthropic said Monday that the latest version of its Claude family of AI models, Claude 3, exhibits "human-like understanding," a bold, though not entirely unprecedented, assertion by a maker of generative AI chatbots.

Compared to prior versions, the Claude 3 family can handle more complicated queries with higher accuracy and enhanced contextual understanding, Anthropic said. The latest family of models is also better at analysis and forecasting; content creation; code generation; and conversing in languages like Spanish, Japanese and French, the company said. However, it's worth noting that while chatbots can understand and predict content, they don't truly understand the meaning of words as we do.

In ascending order of horsepower, the three models in the Claude 3 family are: Claude 3 Haiku, Claude 3 Sonnet and Claude 3 Opus.

The pace of updates and releases among generative AI companies has been accelerating since the release of text-to-image model Dall-E in 2021. In February, Google released the latest version of its model, Gemini 1.0 Ultra, and teased Gemini 1.5 Pro. ChatGPT maker OpenAI debuted its GPT-4 Turbo model in November. Microsoft announced its "AI companion," Copilot, in September. All these companies are looking to stake a claim in a generative AI market projected to reach $1.3 trillion by 2032.

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