03
Jun
Investments in GenAI are beginning to create value for organizations according to a new global survey by McKinsey, a leading management consultancy firm. While 2023 was a year of investing in GenAI initiatives, 2024 is about deriving business value from this new technology. In just one and half years since OpenAI’s ChatGPT was launched, 65% of organizations are now regularly using AI, according to the McKinsey report. This is nearly double the percentage from last year’s survey. The report suggests that organizations are now using AI in more parts of the business. More than half of the respondents shared that…