{"id":44612,"date":"2023-03-25T12:37:43","date_gmt":"2023-03-25T16:37:43","guid":{"rendered":"https:\/\/sciencebusiness.technewslit.com\/?p=44612"},"modified":"2023-03-27T12:07:03","modified_gmt":"2023-03-27T16:07:03","slug":"infographic-six-generative-a-i-applications","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=44612","title":{"rendered":"Infographic – Six Generative A.I. Applications"},"content":{"rendered":"
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Click on image for full-size view (CB Insights)<\/figcaption><\/figure>\n

25 Mar. 2023. Generative artificial intelligence is a much discussed and debated recent topic for its ability to simulate human creative work, such as writing and image generation. This week, the technology intelligence company CB Insights issued a report<\/a> (registration required) that examines more uses for generative A.I. in business, and its growth record so far.<\/p>\n

As our infographic indicates, generative A.I. can be applied in a range of industries, particularly in design and discovery functions. CB Insights reports global venture investments in A.I. jumped from $1.55 billion in 2021 to $2.65 billion in 2022, with the number of deals inching up from 105 to 110. As reported last week<\/a>, venture investments in A.I. of any kind declined in 2022, although showing signs of life in the fourth quarter.<\/p>\n

Generative A.I. companies appear to be just getting started in raising funds. CB Insights says about two-thirds of the 250+ companies working in generative A.I. have not yet attracted outside equity capital (33%), or raised angel or seed rounds (35%). In the past two years, funding for generative A.I. is going to companies developing human-machine and other automated interfaces, followed by text processing — e.g., summations and content generation — and visual media.<\/p>\n

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