Generative AI Market Expected to Generate $11 Billion by 2028

The generative AI market is projected to grow from $6 billion this year to $59 billion by 2028. This technology is widely applied across various sectors such as marketing and insurance. The consumer market is set to be the fastest-growing segment, with revenues expected to reach $11 billion in 2028. However, market consolidation may occur, with smaller suppliers potentially disappearing.

Co-founder of Zhiyuan Robots: After GPT-6, the Initial AGI Will Emerge; AI Is Entering the Era of Physical Intelligence

At the Midea Group Visionaries Conference, Steve Zhou, co-founder of Zhiyuan Robots, predicted that artificial intelligence is rapidly moving toward general intelligence (AGI), which may be initially achieved after GPT-6. He reviewed the development of AI over the past decade, from the application of computer vision in 2015 to the emergence of an AGI prototype in 2025, highlighting the rapid progress.

The father of DayZ compares current fear of AI to previous panic about Google and Wikipedia

AI technology is developing rapidly, and the gaming industry is undergoing changes. Generative AI brings new opportunities and challenges, and companies such as Microsoft and Amazon are adjusting resources to focus on AI applications. Game developers have different attitudes toward this, and the industry's future remains uncertain.

Mistral AI Launches Studio Platform: EU Compliance + Full-Stack Observability, Bringing Industrialization to Enterprise AI Applications

European AI company Mistral AI launches the full-stack production platform Mistral AI Studio, providing enterprises with secure, transparent, and scalable AI solutions. The platform integrates model deployment, monitoring, and optimization features, and is built on EU-based infrastructure to address data sovereignty and compliance challenges for multinational companies, enabling full-stack observability of AI decision-making.

China University of Science and Technology and ByteDance Launch MoGA Long Video Generation Model: One-Click Generation of Minute-Level Multi-Shot Short Films

The University of Science and Technology of China and ByteDance jointly launched an end-to-end long video generation model that can directly generate high-quality videos with a duration of minutes, 480p resolution, and 24fps, supporting multi-shot switching. The core innovation is the underlying algorithm MoGA, a novel attention mechanism designed to tackle the challenges of long video generation, marking a key breakthrough in domestic video generation technology.

Generative AI Market Expected to Generate $11 Billion by 2028

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