Artificial intelligence (AI) has been all the rage this year, with the biggest names in technology all getting in on the action. Helping spark the AI gold rush in 2023 are recent developments in the field of generative AI, which can create original output, handle repetitive tasks, conduct research, and even write code.

Business executives are scrambling to implement this technology, which promises vast productivity gains, saving companies time and money.

This week yielded several important examples of how big tech plans to capitalize on this technology.

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Source Fool.com