What is Generative AI, the technology behind OpenAI's ChatGPT?

FILE PHOTO: A response by ChatGPT, an AI chatbot developed by OpenAI, is seen on its website in this illustration picture taken February 9, 2023. REUTERS/Florence Lo/Illustration/File Photo

(Reuters) - Generative artificial intelligence has become a buzzword this year, capturing the public's fancy and sparking a rush among Microsoft and Alphabet to launch products with technology they believe will change the nature of work.

Here is everything you need to know about this technology.