The rapid adoption and excitement for tools like ChatGPT and DALL-E has firmly put generative AI front and centre for investors.
Generative AI is a subset of artificial intelligence where a system creates original content based on large data training sets. While the technology has been gaining momentum for several years, it exploded into the mainstream last November thanks to OpenAI’s generative AI software ChatGPT.
The large language model chatbot has wowed entrepreneurs and investors alike, with many already using it to assist with daily tasks such as drafting marketing copy or writing code.
Since then Microsoft has broadened its partnership with OpenAI in a “multibillion-dollar investment” to give its search engine Bing a new lease of life using generative AI technology....