AI is at the peak of hype today, and many businesses desire to try it out and integrate it into their services. However, while integrating AI is not a big deal for technically skilled teams, it might still be a problem for those less tech-savvy. This platform offers an easy and convenient way to integrate AI tools into your products.
Chipp: From Prompt to Product
Stage: Pre-seed, Jan 29, 2024.
Chipp.ai is a platform that helps creators build and sell custom ChatGPTs and AI on their websites.
Chipp is designed for businesses wanting to add AI to their offerings. The startup points out that it’s currently hard to customize AI and its use is complicated for non-engineers. They also mention difficulty in tracking its usage on websites.
Sure, you can integrate AI (btw, in terms of Chipp AI is just ChatGPT) into your products and customize it as needed, but only if you have some engineering guys on board. At the same time, if you are not tech-savvy, Chipp can really help.
With Chipp, you can build your customized AI tool with the knowledge and information you have, customize the look & feel of this tool, and easily embed it on your website with a simple copy-paste.
For example, you can build your own chatbot, implement an HR screening tool, create a wellness assistant, and anything else you can think of, limited only by your imagination.
Also Chipp provides the administrative dashboard where you can check who is using your tool and if you going to sell some services around your branded AI, Chipp also provide helpfull instruments.
The technology
Basically Chipp provides just a convenient way for appropriate prompting around ChatGPT AI, and necessary tools for integrating the interface for accessing ChatGPT on your site for non tech-savvy people.
In other words Chipp provides the way how the people without engineering background can easily setup and integrate ChatGPT into their services. In simple words, it is a UI interface for OpenAI API.
Business model
Chipp offers a free plan that allows users to create and embed one ChatGPT on their website. They also offer a paid plan that starts at $29 per month, which includes additional features such as the ability to create and embed multiple ChatGPTs, lead generation tools, and the ability to sell ChatGPTs directly from the user’s website.
The pricing for the paid plan varies depending on the number of ChatGPTs and the level of support required.
Pros and cons
Pros
The interest in AI today has reached an unbelievable level. It’s clear that many people want to use AI in their business. However, integrating the ChatGPT API requires specific skills and incurs costs, which creates an opportunity for platforms like Chipp. Chipp simplifies working with AI and charges a relatively small fee. From this perspective, we are confident that there will be interest in the platform.
Cons
On the other hand, we recall that when mobile apps began to gain popularity, there was a boom of startups offering “no code” tools to create and publish your own mobile apps. As time passed, it became apparent that these tools could not replace custom mobile app development, and these services did not achieve substantial success.
Furthermore, most probably OpenAI will develop its own tools to facilitate interaction with ChatGPT, which poses a risk for companies like Chipp.
The competitors
Chipp is clearly not alone in their idea to provide the market with a simple way to access AI capabilities. However, most known competitors position themselves more as platforms for creating chatbots. While Chipp essentially does the same, their positioning is broader, which is a smart move. If you’re interested, you can check out the following companies of this kind.
- Tars: A chatbot builder that enables users to create and embed chatbots on their websites.
- ManyChat: A platform that helps users create and embed chatbots on their websites, as well as manage their marketing automation workflows.
- Chatfuel: A chatbot builder that allows users to create and embed chatbots on their websites, as well as manage their marketing automation workflows.
- MobileMonkey: A platform that helps users create and embed chatbots on their websites, as well as manage their marketing automation workflows.
Additional considerations
Probably 80%, if not 90%, of all startups that we see now are built around the idea of converting ChatGPT prompting into a product. For example, AutogenAI is building a platform for generating effective bids using AI. Or Siena, the platform that allows you to create empathetic AI.
In short, almost all aspects of our lives related to communication will be affected by AI. However, in all cases, we need customization for the required task. Consequently, startups offering to simplify or improve work with AI prompting will not decrease in number in the near future.