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OpenAI and its LLM Competitors: Generative AI Strategies in Big Tech

Published 01 Oct 2024
Reference 6904
Topic Strategy
Region North America
Length 7 page(s)
Language English
Summary

This case investigates the strategic approaches of major tech companies, focusing on OpenAI and its competitors in the realm of generative artificial intelligence (AI). It examines how these companies develop and deploy large language models (LLMs) to drive innovation and maintain competitive advantage in a rapidly evolving technological landscape. The case explores the foundational technologies behind generative AI, the business models that support their development, and the strategic moves made by big tech firms to capitalize on this transformative technology. Key themes include the role of AI in digital disruption, the competitive dynamics among leading tech companies, and the ethical considerations of deploying powerful AI systems. By analyzing the strategies of OpenAI and its competitors, the case provides insights into the future of AI-driven innovation and its impact on various industries

Teaching objectives

•Understanding Generative AI and LLMs: Students will gain a comprehensive understanding of the foundational technologies behind generative AI and large language models. This includes exploring how these technologies are developed and the technical challenges involved in their deployment. •Analyzing Big Tech’s Competitive Strategies: The case encourages students to analyze the strategic approaches of big tech companies in leveraging generative AI to gain competitive advantage. This involves examining the business models, partnerships, and market strategies that enable these companies to innovate and stay ahead in the AI space. •Evaluating Ethical Considerations: Students will explore the ethical implications of deploying powerful AI systems, including issues related to data privacy, security, and the potential societal impacts. This discussion will help students understand the balance between technological innovation and ethical responsibility. •Exploring Digital Disruption: The case will highlight the role of AI in digital disruption, focusing on how generative AI technologies are transforming industries and creating new opportunities for businesses. Students will discuss the broader implications of AI-driven innovation on market dynamics and industry structures. This case is suitable for MBA and executive education courses focusing on AI and machine learning, strategic management, digital transformation, and ethical business practices. It aims to provide students with a deep understanding of the strategic, technical, and ethical aspects of generative AI, preparing them to navigate the challenges and opportunities of AI-driven innovation in the digital age.

Keywords
  • AI
  • Artificial Intelligence
  • LLMs
  • Big tech
  • Platform
  • Innovation
  • Machine Learning
  • Data
  • Digital
  • Startups
  • Competitive Strategy
  • Security
  • SDG9 Industry, Innovation and Infrastructure
  • Q42024