Deep DiveThink 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 Reasons to ReadThe 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 Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Profile: Sotira—Monetizing Surplus Inventory with Automated Compliance, Logistics and Resale ChannelsSentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey InsightsConsumer Confidence Rebounds in October: China Consumer Survey InsightsInnovator Profile: Wayvee Analytics—Analyzing Customer Emotions to Boost Store and Shelf Performance