Generative AI’s Impact on Media and Entertainment Dynamics”
December 20, 2023 ⚊ 1 Min read ⚊ Views 29 ⚊ TECHThe Generative AI in Media and Entertainment Market is poised for significant growth, with a projected valuation of USD 11,570.0 million by 2032, and a robust Compound Annual Growth Rate (CAGR) of 26.3%. This market encompasses the utilization of artificial intelligence algorithms to create and enhance content in various media formats, including images, audio, videos, and more. Generative AI relies on advanced techniques such as neural networks and deep learning to produce innovative and human-like media content, transforming the landscape of the entertainment and media industry.
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