Generative AI: The Future of Business Innovation

Artificial Intelligence (AI) heritage, as we embrace the 21st century more deeply, it can be said without hesitation that AI is, in fact, present in the operationalization of any business today. Of various improvements in this sphere, Generative AI is perhaps the most transformative. This can be attributed not only to the technology itself and its features. It is also the fact that the technology has been made available to a wider audience of businesses and individuals thanks to cloud computing and open-source models. In fact, around 80% of enterprises are likely to incorporate generative AI into their operational ecosystems by the year 2026.

But why should we care about this vision? To put it plainly, generative AI means using computer algorithms to create new content, be it an image, music, text, or code. Generative modeling is achieved by using pretrained neural network models that have already seen enough examples to predict new samples. The possibilities might seem endless — content generation, customer services automation, design improvements, and even programming.

The widespread and growing availability of cloud infrastructure and open-source technologies has made it possible for even smaller organisations without large Research and Development (R&D) departments to take advantage of ground-breaking artificial intelligence (AI)…