AI has revolutionized the business world and has become a necessity rather than a luxury. A PwC study has predicted that by 2030, the adoption of AI will increase the global GDP by 14%, representing an additional $15.7 trillion surge to the global economy. With advancements in GPU computational power and the availability of tech services through cloud marketplaces, AI is now more accessible than ever, and businesses are discovering new ways to tap into vast amounts of data to get clear insights and accelerate innovation.
Generative AI is a category of AI algorithms that generates new outputs based on data and is increasingly critical as companies look to do more with less. Unlike traditional AI systems that recognize patterns and make predictions, generative AI can analyze large data sets and create entirely new content in a variety of media formats, including text, images, audio, and data.
Microsoft have announced that ISV Success program members are now eligible to apply for access to Azure OpenAI Service. In today’s highly competitive market, ISVs are under pressure to differentiate and elevate their app offerings. With AI-optimized infrastructure and tools, Azure OpenAI Service empowers ISVs to build and modernise apps through direct access to OpenAI models. These generative AI models offer a deep understanding of language and code to enable apps with new reasoning and comprehension capabilities, which can be applied to a variety of use cases.
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