The growth of artificial intelligence (AI) applications and use cases is astounding, with impacts across nearly all facets of business and personal lives. Generative AI, the branch of AI that is designed to generate new data, images, code, or other types of content that humans do not explicitly program, is becoming particularly impactful and influential.
According to one analyst, the global generative AI market size was already estimated at USD 10.79 billion in 2022. It is projected to approach USD 118 billion by 2032, growing at a compound annual growth rate (CAGR) of 27 percent from 2023 to 2032 (Presence Research (https://www.precedenceresearch.com/generative-ai-market) ).
As well as myriads of other applications, use cases include:
There are few areas of business and society that are not impacted in some way by this technology.
While public generative AI models such as ChatGPT, Google Bard AI, DALL-E, and other and more specialized offerings are intriguing, there are valid concerns about their use in the enterprise. These concerns include ownership of output, which encompasses issues of accuracy, truthfulness, and source attribution.
Therefore, there is a compelling need for enterprises to develop their own Large Language Models (LLMs) that are trained on proprietary datasets or developed and fine-tuned from known pretrained models.
Dell Technologies and NVIDIA have been leading the way by delivering joint innovations for AI and high-performance computing. We are actively collaborating in this new space to enable customers to create and operate generative AI models for the enterprise.
We are now partnering on a new generative AI project called Project Helix, a joint initiative between Dell Technologies and NVIDIA, to bring generative AI to the world’s enterprise data centers. Project Helix is a full-stack solution that enables enterprises to create and run custom AI models, built with the knowledge of their business. We have designed a scalable, modular, and high-performance infrastructure that enables enterprises everywhere to create a wave of generative AI solutions that will reinvent their industries and give them competitive advantage.
Generative AI is one of the most exciting and rapidly evolving fields in AI today. It is a transformative technology and the combination of powerful infrastructure and software from Dell Technologies together with accelerators, AI software, and AI expertise from NVIDIA is second to none.