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Investing in Generative AI tools

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billion on 78 generative AI deals —almost as much as was invested in all of the previous 5 years combined, according to PitchBook data. According to a new industry report by Skyquest , AI will contribute $15.7 The global generative AI market was valued at USD 8.12 over the forecast period (2022-2028).

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Now it’s official – Gartner claims Generative AI has reached the peak of hype cycle

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Many investors complain that the technology is over hyped -and now it’s official – generative AI is at the peak of Gartner ‘s hype cycle for emerging technologies in 2023. After all, the adoption of generative AI has been faster than many other technologies, including smartphones.