This begs the question: How are AI startups able to defy the traditional dichotomy between unicorns and camels? What best-in-class strategy are they using to thriveAI companies’ remarkable success stems from their ability to harness innovative technologies and data-driven insights, giving them a unique advantage in an intensely competitive market. The rise to prominence of large language models—such as ChatGPT—dominated headlines on arrival.
Their ingenious use of AI technology allowed them to create groundbreaking solutions and disrupt established industries. The stark reality is that these advanced algorithms and rapid computing power didn’t exist 10 years ago, hence why they’ve been able to seamlessly overcome the limitations of the traditional setup.by 2030, up to nearly $2 trillion. Covering a wide array of industries, it spans everything from supply chains, marketing and product making to research and analysis.
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Source: ForbesTech - 🏆 318. / 59 Read more »