Databricks launches ChatGPT rival ‘Dolly’

Picture: Databricks

Data analytics software company Databricks has launched its own natural language processing tool called Dolly, which will compete with other language models such as OpenAI's GPT and Google's BERT. Dolly is part of Databricks' Lakehouse platform, which combines the features of data warehouses and data lakes to help businesses analyze large amounts of data in real-time.

Databricks claims that Dolly is more efficient than other language models, with the ability to process large amounts of data at a faster rate, while also reducing infrastructure costs for businesses. The company hopes that Dolly will be able to provide more accurate predictions and insights for businesses across various industries, including finance, healthcare, and retail.

The launch of Dolly comes as natural language processing tools become increasingly important for businesses to extract insights from unstructured data such as customer reviews, social media posts, and call transcripts. With the rise of machine learning and artificial intelligence, natural language processing has become a crucial area of development for companies looking to gain a competitive edge.