ChatGPT and Claude? The Real AI Action Is Elsewhere: Parmy Olson

April 23, 2026, 4:00 AM UTC

With everyone’s attention fixed on powerful chatbots like ChatGPT and Claude, it’s been easy to overlook the growth of another field of artificial intelligence: world models. These systems can grasp three-dimensional space and physics, providing the foundation for everything from robots to smart glasses to self-driving cars — and a capability that today’s chatbots lack. In the past two weeks, Nvidia Corp., Alibaba Group and Tencent Holdings Ltd. each released their own world models, signaling that a new cast of characters could pioneer the next AI revolution. The companies at the forefront are chasing different commercial strategies — Tencent’s HY-World 2.0 is open source while ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.