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billion on 78 generativeAI 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 generativeAI market was valued at USD 8.12 over the forecast period (2022-2028).
Many investors complain that the technology is over hyped -and now it’s official – generativeAI is at the peak of Gartner ‘s hype cycle for emerging technologies in 2023. After all, the adoption of generativeAI has been faster than many other technologies, including smartphones.
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