Text-generating AI tools like ChatGPT and LLMs are inextricably connected. LLMs have grown in size exponentially over the past few years, and they fuel generative AI by providing the data they need.
LLMs have been around since the early 2010s, but they gained popularity when powerful generative AI tools like ChatGPT and Google’s Bard launched. Everest Group notes that one reason 2023 saw such exponential growth is the expansion of parameters in LLMs, with GPT-4 having more than 175 billion parameters.