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Tag: generative AI market trends

Generative AI Market Projected to Hit USD 404.8 billion at a 56.6% CAGR by 2032- Report by Market Research Future (MRFR)

Press Release

Market Overview Generative AI is a subset of artificial intelligence that involves algorithms capable of generating new content, including text, images, music, and even code, based on the data they have been trained on. Unlike traditional AI, which focuses on […]

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Generative AI Market Size Worth $1.75 Billion in 2022 Will Witness a CAGR of 79.96% During 2022-2027, Predicts GlobalData Plc

Press Release

The Generative AI market was valued at $1.75 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 79.96% to reach a value of US$ 33.03 billion by 2027. Generative AI platforms use machine learning algorithms […]

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