Big-tech firms, notably IBM and Amazon, are at the forefront of the generative AI boom, introducing new tools that are transforming business, creativity, and decision-making processes. The global generative AI market, valued at $12.1 billion in 2023, is projected to reach $119.7 billion by 2032. Innovations in this sector include JPMorgan's DocLLM, Amazon's product description generator for sellers, and DeepMind's Bard AI. These advancements indicate a significant shift in AI's role across various industries, reshaping the future of technology and business.
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