Corporate Investment in Generative AI as Low as 1%, MenloVentures Report Reveals Industry Trends
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Menlo Ventures' report indicates that enterprises invest as low as 1% in generative AI, compared to 18% in traditional AI. Despite high expectations for market prospects, enterprises are hesitant primarily due to unverified returns and the "last mile problem." Early adopters of generative AI have achieved significant benefits, providing opportunities for the future market.
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