Driving consumer innovation through multi-model AI applications
By
Binu Mathew
The intersection of AI and consumer services is rapidly evolving, and multi-model AI applications are at the forefront of this transformation. Multi-model AI is a breakthrough in artificial intelligence due to its ability to integrate multiple data types, making human-computer interactions more natural and intuitive. According to industry reports, the global multi-model AI market, valued at approximately $893.5 million in 2023, is expected to grow at a compound annual growth rate (CAGR) of 36.2%, reaching $1050 billion by 2031.