Generative AI has seen explosive growth in recent years, with adoption rates doubling between 2023 and 2024, reaching 65% of businesses regularly using these technologies.
The global market for generative AI is expanding rapidly, with projections estimating a $22 billion increase compared to 2023. North America leads the adoption race, with 40% of companies integrating generative AI into their operations.
Despite this surge, only 10% of companies with revenues between $1-5 billion have fully integrated generative AI into their workflows, highlighting a gap between early adopters and those taking a cautious approach.
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