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 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: Market Outlook: US Food Away from Home—A Challenging Economic Backdrop To Weigh on Growth in 2023Weekly US and UK Store Openings and Closures Tracker 2023, Week 2: UK Openings Up 67%April 2024 US Retail Sales Outlook: Projecting Low-Single-Digit Growth Amid Growing Disposable IncomeUS Store Tracker Extra, August 2024: Big Lots and Macy’s Contribute to 83 Million Square Feet of Total Closed Retail Space for 2024