Generative AI is a type of artificial intelligence technology that can be used to produce various types of content, including text, imagery, audio and synthetic data.
The process is enabled by generative AI models which learns the patterns and structure of their input training data and then generates new data that has similar characteristics.
Generative AI have been adopted across a swathe of industries including financial services, publishing, software development & healthcare to name a view. Perhaps its most notable application is ChatBot type applications like ChatGPT and Bing and Text to image applications like Stable and DALL-E which can use deep learning techniques to generate image based on a natural language input.