Generative AI For Business Growth: Generative AI Solutions and Strategies

Application companies are growing topline revenues very quickly but often struggle with retention, product differentiation, and gross margins. And most model providers, though responsible for the very existence of this market, haven’t yet achieved large commercial scale. For a while, the best response that many brands have seemed to come up with in response to that question was to simply integrate popular ’genAI’ tools – such as ChatGPT, into their marketing campaigns or apps.

Google announced the general availability of generative AI services based on Vertex AI, the machine learning platform as a service (ML PaaS) offering from Google Cloud. With the service becoming generally available, enterprises and organizations could integrate the platform’s capabilities with their applications. Synthesia is an AI video creation platform that allows users to create videos based on their own scripted prompts. From there, the tool is able to use its library of AI avatars, voices, and video templates to create a realistic-looking and sounding video. As a bonus, users don’t have to have any of their own video equipment or video editing skills in order to use this tool.

Voila AI Artist

Whether you’re looking to transform an existing image, erase unwanted objects, or change the style of your videos, Runway has a solution for you. Developed by OpenAI, DALL-E 2 is a popular image generation tool for producing realistic and creative images based on your text prompts. Features like Outpainting give DALL-E the ability to support a greater range of images in various media formats, including Yakov Livshits realistic art styles, oil paintings, and illustrations. It supports auto-completion and suggests relevant code snippets to help developers enhance their productivity while leveraging its extensive built-in programming knowledge. AiXcoder provides real-time recommendations by gauging the context and syntax of your requests and integrates with other popular code editors for greater functionality.

Azure OpenAI is one of the mature and proven GenAI platforms available in the public cloud. Scale’s Generative AI Platform is deployed to secure infrastructure with built-in access controls and safety features to keep your enterprise data secure. Claude’s early partners and testers include Quora, DuckDuckGo, Robin AI, and Juni Learning.

Best Generative AI Tools

As machine learning techniques evolved, we saw the development of neural networks, which are computing systems loosely inspired by the human brain. These networks can learn from vast amounts of data, making them incredibly powerful tools for tasks like image recognition, natural language processing, and content generation. Generative Artificial Intelligence is a technology that creates original content such as images, sounds, and texts by using machine learning algorithms that are trained on large amounts of data. Unlike other forms of AI, it is capable of creating unique and previously unseen outputs such as photorealistic images, digital art, music, and writing. These outputs often have their own unique style and can even be hard to distinguish from human-created works.

That doesn’t mean that you shouldn’t use these tools—it just means you should be careful about the information you feed these tools and what you ultimately expect from them. Collecting, cleaning, and keeping up with data are the biggest jobs for generative AI systems in the future. Generative AI has flooded many digital tools, providing practical solutions for everyday tasks.

What digital technology problem do you need to solve?

There’s a plethora of cool AI-powered features to make your life as a content creator easier, like studio sound, filler word removal, AI green screen, and overdub. The free plan is limited to one watermark-free video a month, and paid plans start at $12/month. If you’re an editor who can use an AI helping hand, check out their website and Twitter page. Whether for creating product explainers, training videos, or how-tos, having a professional spokesperson helps a lot in spreading your message. Traditionally, you’d need to hire an actor, get a camera, and ensure proper lighting. AlphaCode, a revolutionary coding assistant, leverages generative AI to empower developers.

Yakov Livshits
Founder of the DevEducation project
A prolific businessman and investor, and the founder of several large companies in Israel, the USA and the UAE, Yakov’s corporation comprises over 2,000 employees all over the world. He graduated from the University of Oxford in the UK and Technion in Israel, before moving on to study complex systems science at NECSI in the USA. Yakov has a Masters in Software Development.

In the future, you’ll discover features for content generation, summarization, and content rewriting within familiar tools such as Gmail, Google Docs, and Google Meet. If you’ve used AI chatbots like ChatGPT, you’re acquainted with this concept. These breakthroughs notwithstanding, we are still in the early days of using generative AI to create readable text and photorealistic stylized graphics. Early implementations have had issues with accuracy and bias, as well as being prone to hallucinations and spitting back weird answers. Still, progress thus far indicates that the inherent capabilities of this type of AI could fundamentally change business.

Data Management

Vertex AI is also being used by companies like Typeface and DataStax to build new tools for generative AI. Though generative AI has most commonly been used for text generation and chatbot functionality, it has many other real-world applications Yakov Livshits and use cases. Other applications of generative AI technology include image generation, music and audio generation, synthetic data creation, code building, career coaching, drug discovery and predictive studies, and customer service.

This can include blog articles, add captions, product descriptions, and more. Generative AI will change the nature of content creation, enabling many to do what, until now, only a few had the skills or advanced technology to accomplish at high speed. As this burgeoning technology develops, users must respect the rights of those who have enabled its creation – those very content creators who may be displaced by it. And while we understand the real threat of generative AI to part of the livelihood of members of the creative class, it also poses a risk to brands that have used visuals to meticulously craft their identity. Vertex AI gives builders a full set of tools to help them tune, launch and manage models in production.

Going forward, this technology could help write code, design new drugs, develop products, redesign business processes and transform supply chains. Synthesia is a powerful browser-based AI tool that effortlessly transforms plain text into engaging videos within minutes. With this intuitive content creation app, you can easily produce professional-grade videos for use cases like sales enablement and marketing, all complete with narration and an AI-generated human avatar. Meanwhile, the way the workforce interacts with applications will change as applications become conversational, proactive and interactive, requiring a redesigned user experience. In the near term, generative AI models will move beyond responding to natural language queries and begin suggesting things you didn’t ask for. For example, your request for a data-driven bar chart might be answered with alternative graphics the model suspects you could use.

Translation apps, mapping software, streaming services, e-commerce sites, and social media platforms were already using some form of AI to enrich our experiences with curated feeds, ads, and suggestions. It is a cloud-based collaborative audio or video editor by a company named Descript in San Francisco. It has functions including AI, publishing, full multitrack editing, transcription, and screen recording. Among the best generative AI tools for images, DALL-E 2 is OpenAI’s recent version for image and art generation. Speechify converts text to high-quality speech with AI-powered text-to-speech technology, offering features to improve accessibility.

• Designed to mimic how the human brain works, neural networks “learn” the rules from finding patterns in existing data sets.
• The everyday use of AI software to boost productivity is a hot topic, to say the least.
• AI Town offers an intriguing platform for simulating AI agents in a virtual world.
• Creative additions to AI-created materials may be protected, but only the human additions.

In the future, generative AI models will be extended to support 3D modeling, product design, drug development, digital twins, supply chains and business processes. This will make it easier to generate new product ideas, experiment with different organizational models and explore various business ideas. Training involves tuning the model’s parameters for different use cases and then fine-tuning results on a given set of training data.

DataRobot gives you the flexibility you need to navigate your current and future changes, with one unified system of intelligence. With over 12 years at the forefront of AI innovation, DataRobot knows what it takes to deliver value-driven AI that makes a real difference – to your business, your teams, and your bottom line. Fastrack your initiatives, build a clear roadmap for success and raise your team’s generative AI expertise. Systematically identify and prioritize high-value opportunities with our GenAI Roadmapping Sessions, and quickly get all your leaders up to speed with our GenAI for Executives program. And our live GenAI workshops and hands-on-labs help you learn how to build, optimize, and monitor generative AI applications at scale. Our API-first integrations let you stay in the driver’s seat for your GenAI initiatives and prevent vendor lock-in.