India's first ChatGPT-powered AI chatbot 'Lexi' launched
India's first ChatGPT-powered AI chatbot: Technology firm Velocity has integrated the latest advancement in AI with its existing analytics tool - Velocity Insights.
India's first ChatGPT-powered AI chatbot: Velocity, a homegrown financial technology firm, has launched India's first Artificial Intelligence (AI) chatbot integrated with OpenAI's ChatGPT. The company has named the chatbot 'Lexi'. The technology firm has integrated the latest advancement in AI with its existing analytics tool - Velocity Insights.
ChatGPT integrated on Whatsapp interface for those using Velocity Insights
According to the company, the has integrated ChatGPT in the same WhatsApp interface as all the e-commerce brands in India that are utilising Velocity Insights receive a daily business report on the instant messaging app.
"Our product teams have been brainstorming on utilising the ChatGPT ever since it was launched. The team has been working on how it can be leveraged to benefit our founders. Since Velocity customers already use Insights on a daily basis, we integrated ChatGPT with the same interface that they leverage for driving business decisions," Abhiroop Medhekar, Co-founder and CEO of Velocity.in said in a statement.
ALSO READ | What is ChatGPT? Can the AI chatbot replace Google in near future - EXPLAINED
Integration of ChatGPT with Velocity Insights empowers eCommerce founders
The company said that this integration of ChatGPT with Velocity Insights will definitely empower e-commerce founders. The company said that the move will provide them with AI-powered business insights in a conversational manner, freeing up time for critical business functions.
"Since its launch Velocity Insights has helped my brand monitor revenue and marketing spends," Mohit Mohapatra, CEO and Founder of Naturepro, said in a statement.
"Now with the ChatGPT integration, I am also able to leverage AI as a personal assistant whenever I need help with my business. For example, I have been leveraging the integration for writing copy as well as collating answers to questions related to performance marketing on a daily basis," he added.
Several reports have claimed that ChatGPT has reached 100 million users within two months and has clocked over 590 million visits.
With IANS inputs
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
Retirement Planning: Investment Rs 20 lakh, retirement corpus goal Rs 3.40 crore; know how you can achieve it
10:27 AM IST