Deep DiveThink Tank: Generative AI Explained—Understanding Its Power and Fundamental Technologies Primel Konok, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research August 17, 2023 Reasons to ReadThe Coresight Research Think Tank series delve into the trends and segments that we have identified as presenting growth opportunities in retail. In this Think Tank, we provide a reference guide for businesses to understand generative AI (artificial intelligence) and its foundational AI technologies. We discuss retail use cases of generative AI as well as challenges and strategies for AI technology implementation. We explore the technological prerequisites that have paved the way to the advanced AI and generative AI we see today. Key technologies covered in this report include machine learning, neural networks and deep learning. Data in this research report include: Global retail revenues generated through AI Global generative AI software market size and growth estimates Companies mentioned in this report include: Google, IBM, Nvidia, OpenAI Other relevant research: The Future of AI in Retail: What Technology Could Make Possible by 2030 All our coverage of generative AI in retail Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US CPG Sales Tracker: E-Commerce Sustains Double-Digit Growth Rate; In-Store Sales Expansion SlowsUnlocking Success: The Pathway to Profitability for US Brands and RetailersWeekly US Store Openings and Closures Tracker 2025, Week 31: Trader Joe’s Continues Store ExpansionSustained Stimulus Measures Give Rise to Consumer Optimism: China Consumer Survey Insights
