The Gen AI Revolution: How Product Companies Are Embracing Generative AI to Transform Their Offerings
With the rise of Generative AI, there is a huge momentum to experiment, ideate, and create innovative solutions unleashing the power of available models. Whether it’s a consultancy or research agency, banking or financial institution, retail or eCommerce store, and so on, Generative AI and the capacity to launch new solutions are in the majority of conversations.
Product companies are embracing the acceleration and this article summarizes their key offerings launched in recent times grouped by the below categories:
#1 — Cloud Providers, Foundation Models Providers
- OpenAI: Since the release of ChatGPT-4 in March 2023 (now in GA), OpenAI has been adding new capabilities such as GPT-4 for content moderation, Custom instructions for ChatGPT, ChatGPT app for iOS and Andriod, and more.
- Microsoft Azure: Apart from strengthening their relationship with OpenAI (adding GPT-4 as part of Azure OpenAI Service on Mar 2023), Azure has launched capabilities such as Prompt flow, Support for additional foundation models like Llama2 & models from Hugging Face Hub on Azure ML, Content Moderation with Azure AI Content Safety, and more. The strategy of The Copilot System(started with the foundation as GitHub Copilot) has helped Microsoft accelerate many AI-assisted offerings: