Deep Dive 23 minutes PremiumThink Tank: Generative AI Explained—Understanding Its Power and Fundamental Technologies Primel Konok, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research August 17, 2023 What's InsideThe Coresight Research Think Tank series delve into the trends and segments that we have identified as presenting growth opportunities in retail. In this Think Tank, we provide a reference guide for businesses to understand generative AI (artificial intelligence) and its foundational AI technologies. We discuss retail use cases of generative AI as well as challenges and strategies for AI technology implementation. We explore the technological prerequisites that have paved the way to the advanced AI and generative AI we see today. Key technologies covered in this report include machine learning, neural networks and deep learning. Data in this research report include: Global retail revenues generated through AI Global generative AI software market size and growth estimates Companies mentioned in this report include: Google, IBM, Nvidia, OpenAI Other relevant research: The Future of AI in Retail: What Technology Could Make Possible by 2030 All our coverage of generative AI in retail This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: CES 2024 Wrap-Up: Top 10 Tech Takeaways—AI Creates a BuzzFive Retail Opportunities Amid Economic UncertaintyThe AI Summit New York 2023: Reaping Benefits, Building Trust and Pushing the BoundariesThe Metaverse Is Not Dead: Defying the Rumors of Its Demise