Webersnits27 May, 2025News
The global generative AI market is projected to grow from USD 20.9 billion in 2024 to USD 32.2 billion by 2025, reflecting a YoY increase of 53.7%. Generative AI providers are prioritizing multimodal AI advancements, personalized solutions, and improved explainability. Their strategies focus on partnerships, ecosystem expansion, and industry-specific applications. Emerging trends shaping the future include AI-IoT convergence, generative user interfaces, and AI-first applications, driving transformative innovation across industries.
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