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Inc42

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Decoding GenAI: 40+ Essential GenAI Terms You Must Know

GenAI (generative artificial intelligence) is a rapidly growing trend in the tech industry. In India alone, there are over 100 native GenAI startups, and the global market size for GenAI is projected to reach $552 billion by 2030. With automation becoming more prevalent in business operations, GenAI promises to revolutionize how work is done and improve productivity. It has the potential to impact job roles and reduce the need for manual interventions. To understand and stay updated on GenAI, it is essential to be familiar with the various terms and acronyms associated with it.

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