The fusion of generative artificial intelligence (AI) and marketing science is radically transforming the advertising industry. Despite some hesitation, more and more brands are beginning to recognize the immense potential of AI in creativity and operations. Iconic brands like Coca-Cola have already taken the lead by incorporating AI into their advertising campaigns. Coca-Cola used AI to remake its iconic ad "The Holidays are Coming," showcasing the technological advancements achieved in a short period of time. PetSmart Charities utilized AI to create vivid profiles of adoptable animals.

In a recent earnings call, Broadcom CEO Hock Tan shared an optimistic outlook for the future AI chip market, predicting that the company’s revenue in this area will see significant growth by 2027. According to him, the serviceable addressable market (SAM) for Broadcom's AI-related products and network services is expected to be between $60 billion and $90 billion. Tan also revealed that Broadcom is currently collaborating with three major hyperscale customers.

Recently, a business research company released its 2024 Generative AI Market Report, showing that the market has rapidly expanded in recent years. According to the report, the generative AI market is expected to grow from $13.64 billion in 2023 to $18.1 billion in 2024, with a compound annual growth rate (CAGR) of 32.7%. This growth is mainly attributed to increased computing power, widespread availability of data, continuous R&D advancements, increased industry applications, and breakthroughs in deep learning. Image Source Note: The image was generated by AI, image usage authorized.

This week, Apple unveiled its latest M4 series chips at a launch event, marking a strong performance in the personal computer market. Apple claims that devices equipped with M4Pro and M4Max significantly surpass competing AI PC chips, particularly in handling artificial intelligence tasks. The M4Pro chip offers up to 14 CPU cores, including 10 high-performance cores and 4 efficient cores, along with 20 GPU cores. Apple stated that the M4Pro excels in AI computing.

In the global wave of AI, India, a tech powerhouse, is experiencing significant market opportunities. According to a report jointly released by the IT industry association Nasscom and consulting firm BCG, the AI market in India is expected to reach $17 billion by 2027. Against this backdrop, the startup Neysa, led by seasoned tech entrepreneur Sharad Sanghi, emerged with the aim of capturing this growth opportunity by providing AI solutions to local and multinational companies. This Mumbai-based startup focuses on...

According to a latest report published by Bain & Company, the Artificial Intelligence (AI) market is experiencing explosive growth, with the market size expected to approach $1 trillion by 2027. This growth is mainly driven by increasing investments in AI technology and ongoing advancements in the technology. The report indicates that from 2022 to 2027, the compound annual growth rate (CAGR) for the AI market will be approximately 31%. Image source note: Image generated by AI, image licensed through Midjourney. So, what is driving this wave of growth?

With the rapid development of the global artificial intelligence market, Graphics Processing Units (GPUs) are essential as a core driving force for applications driven by large language models. In the coming years, GPU price volatility is expected to increase significantly, affecting companies' cost management. Traditionally, energy-intensive industries such as mining and logistics have been accustomed to cost fluctuations, while sectors like finance and pharmaceuticals need to adapt quickly. Nvidia, as a key supplier, has seen a surge in GPU demand and soaring valuations. The popularity of GPUs stems from their ability to handle vast amounts of computations in parallel, making them suitable for training and deploying large.

The AI industry is facing intense competition, turning the sale of AI models into a zero-profit business. Companies like OpenAI and Anthropic have invested billions in training large models, leading to fragile overall operations. Price wars have nearly eliminated the marginal profits for AI model developers, making it difficult for businesses relying solely on model sales. High R&D and hardware costs, combined with pricing competition, have pushe....

Placer.ai, a startup leveraging location data and AI technology for market research, recently completed a $75 million funding round, bringing its valuation close to $1.5 billion. The company provides location-based analytics services for industries such as retail, entertainment, consumer goods, real estate, financial services, and healthcare by integrating anonymous data from third-party applications. The analysis includes traffic trends, purchasing behavior, and demographic information of locations or stores. Despite facing data protection controversies, Placer.ai continues to collaborate with multiple app developers, insisting on 'privacy'...

The AI boom is set to drive the stock market, with Goldman Sachs predicting investment opportunities in three key areas. The second phase: AI infrastructure, including companies in semiconductors and cloud services. The third phase: AI empowerment, involving software and IT service companies. The stock market will see more investment opportunities, primarily focused on the AI infrastructure and AI empowerment sectors.

The market size for generative AI in Japan is expected to reach 85 billion yuan by 2024.

["The generative artificial intelligence market is expected to grow by 65% in the next two years, according to a recent report, and the industry is projected to become a $100 billion sector by 2026.", "OpenAI's ChatGPT became the fastest-growing application in history in just two months, demonstrating the immense potential of generative AI.", "Global demand for generative artificial intelligence continues to rise, with the United States, China, and Germany being the main growth countries in this market.", "The generative artificial intelligence market is expected to continue growing in the future."]

In 2023, generative artificial intelligence technology has risen, with Sopra Steria Next research showing that the market will reach $100 billion by 2028. The CEO emphasizes the initial profitability potential of GenAI, while IDC and Bloomberg reports highlight long-term growth prospects, estimating it will reach $1.3 trillion in the next decade. 2024 is expected to be the starting point for monetization growth in GenAI, with major tech companies expanding their products and startups providing specialized solutions. IDC predicts that by 2027, GenAI solutions will...