<ul><li>Generative AI has seen rapid advancement, expanding its capabilities in text creation, image generation, code development, and music composition.</li><li>Enterprises are increasingly investing in generative AI services to enhance processes, customer experience, and revenue streams, with potential global productivity gains of $2.6 trillion to $4.4 trillion by 2024.</li><li>Key trends shaping the future of generative AI include multimodal models combining text, image, audio, and video processing, domain-specific solutions tailored for industries, emphasis on ethical usage and governance, and the rise of real-time applications in various sectors.</li><li>Generative AI is also moving towards edge deployment on smaller devices, generating synthetic datasets for training AI models, and being more accessible through low-code and no-code AI platforms for non-technical users.</li></ul>

Emerging Trends Shaping the Future of Generative AI

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