Generative AI (GenAI) is an astounding technology that promises to reshape markets and industries globally. With its ability to create original content — such as text, audio, video, images and code — in response to plain language user prompts, GenAI is democratizing AI access so that organizations of all sizes and technological capabilities can access AI innovation.
In light of this, it is not surprising that 76% of Asia/Pacific enterprises are exploring or investing in GenAI technologies. IDC predicts that “broad use of AI-infused analytics will lead 33% of G2000 to connect data intelligence, decision ops, and data literacy initiatives” by 2025. The analyst firm further predicts that “by 2026, massive (>1 trillion parameter) foundation models (for natural language processing [NLP], AI-generated images, etc.) will become standard industry utilities provided only by the largest vendors.
