GPT-3 is a powerful language model that has been trained on a diverse range of internet text to understand and generate human-like text based on the input it receives. It can be used for various natural language processing tasks, including text completion, question answering, language translation, and more.
The "Chat" in ChatGPT refers to its suitability for conversational applications. It has been fine-tuned to be effective in generating responses in a chat or dialogue format, making it useful for applications like chatbots, virtual assistants, and other conversational interfaces.
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