Following Microsoft's announcement to invest massively in popular ChatGPT developer OpenAI, Google announced on February 6 that it plans to launch a new ChatGPT-like product, called Bard, to take on Microsoft in the AI arena, the Yahoo Finance reported on February 7. The Google Bard is a conversational AI service powered by Alphabet's LaMDA (Language Model for Dialogue Applications) that boasts to mimic humanlike responses similar to ChatGPT. Meanwhile, Microsoft may likely use ChatGPT for its Bing search engine to compete with Google's over 90% market share in the global research engine market, according to the same source. Meanwhile, two Chinese brands Baidu and Alibaba are also catching up with the ChatGPT trend by developing AI-powered chatbots. Baidu announced on February 7 that the company is set to complete the internal testing for a ChatGPT-like product, called Ernie Bot, in upcoming March. Alibaba also confirmed on February 8 that it is developing a ChatGPT-like Chatbot internally in the company's research institute Damo Academy. 

Other than service robots, the report by IFR (International Federation of Robotics) showed that  517,385 new industrial robots were installed in 2021 in factories around the world that grew 31% year-over-year compared to 2020, according to MIC (Market Intelligence & Consulting Institute). Established in 1987, MIC is a division of III (Institute for Information Industry), a major government think tank, and one of the leading IT research institutes in Taiwan.