Generative AI refers to a class of algorithms designed to create NEW content based on input data. In the context of the automotive industry, this could mean anything from designing car models to simulating driving conditions. According to a study, the
Generative AI automotive market was valued at USD 389.47 million in 2023, and projections estimate it could skyrocket to approximately USD 3,900.03 million by 2033. That's an astounding
CAGR of 23.3% during the forecast period of 2024 to 2034

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