Generative AI has become one of the trendiest tech buzzwords that have disrupted business processes in multiple industries worldwide. First seen in 2014 with the emergence of generative adversarial networks (GAN), a deep learning model that creates realistic images from noise maps, generative AI is now one of the most sought-after tools that optimize different facets of an organization. In fact, the global generative AI market value is expected to skyrocket to an unprecedented $110.8 billion by 2030 and will continue to be a driving force in the tech industry from then onwards. ChatGPT (Chat Generative Pre-Trained Transformer), a variant of OpenAI’s GPT-3 language generation software, is trained to process thousands of data to answer queries, follow-up questions, and carry conversations. Essentially, it’s a chatbot that’s powered by generative AI’s ability to understand context and content.

Generative AI’s hype is warranted by a range of benefits that companies can reap, from the concretization of abstract theories, and better quality outputs with minimal manpower, to decreased reputational and financial risks. With these factors in mind, efficient leaders know that investing in this tech capability is a wise move to optimize and streamline processes whilst boosting their company profitability.

5 leading generative AI startups have taken global sectors and industries by storm with their cutting-edge solutions:

TheGist

theGist, a generative AI workspace tool, optimizes workplace productivity by simplifying information creation and consumption with just one click. Their first tool, theGist for Slack, filters out noise so employees don’t miss signals; provides personalized summaries of thread discussions, on-demand or scheduled, and automatically sifts through endless conversations without the tedious task of digging through a mountain of data.

Their tools revolve around simplifying the way employees work, collaborate, manage tasks, and consume information. Users can simply add theGist to Slack channels using their onboarding message with theGist or by simply typing “@theGist” in any channel.

Peech

Peech is an AI video expert that helps marketing and content teams automatically transcribe, edit, repurpose, and brand video content – all in one place. This state-of-the-art tool eradicates the need for organizations to outsource professional video creation and editing services for an easy-to-use platform that allows marketers to transform their in-house media content into professional, ready-to-publish videos within minutes.

Peech’s latest product, Peech 2.0, is set to launch on Product Hunt with the mission of providing content marketing teams the independence to generate unlimited high-quality and engaging content while saving time and money.

Frase IO

Frase IO is a high-end generative AI writing tool that helps content and marketing teams research, write, and optimize high-quality SEO content in minutes instead of hours. This tool utilizes the top results for any target search query to curate SEO-optimized briefs in no time. What’s more, it saves users from the tedious task of SERP research by dissecting, analyzing, and centralizing the internet’s best content in one place.

Moreover, it generates full-length, optimized content briefs in 6 seconds; reviews the main keywords, headers, and concepts in SEO competitors’ content in one intuitive research panel, and creates and stores custom brief templates to streamline workflows.

Tabnine

Tabnine is an AI code assistant that helps developers to create and deliver a top-to-bottom AI-assisted development workflow. This platform empowers all code creators, in all languages, from concept through to completion. Simply put, this tool will help users write code faster, whether they’re a part of a team or a freelancer.

Its generative AI tech capability predicts and suggests the next lines of code based on context and syntax, including whole-line code completions, full-function code completions, and natural language to code. Moreover, it also suggests code completions that align with coding patterns for cohesive, consistent code completion.

Designs AI

Designs.ai’s proprietary AI technology aims to make design accessible to anyone. It also empowers users without design experience to create professional marketing portfolios in less than 2 minutes. Their essential tools help teams create compelling graphics for ads and campaigns, riveting videos, personalized logos, and smart mockups.

Moreover, Designs.ai’s easy collaboration feature allows users to invite teammates to work on their projects, while its integration function enables them to save brand assets for different creations.

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