The market for generative AI is expected to experience a significant boost over the next decade, driven by the introduction of consumer-oriented AI tools like ChatGPT and Google’s Bard. This growth is projected to result in a revenue surge from $40 billion in 2021 to an estimated $1.3 trillion by 2032. According to a recent report by Bloomberg Intelligence analysts, led by Mandeep Singh, the industry has the potential to grow by 42% over the next decade. This growth will be fueled by the need for infrastructure to train AI…

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