The AI Revolution: Will Artificial Intelligence Shape The Future Of Cannabis Product Design?
Portfolio Pulse from Joana Scopel
The global Artificial Intelligence (AI) market is expected to grow from $387 billion in 2022 to $1.39 trillion by 2029. Microsoft Corp. has invested $10 billion for a 49% stake in ChatGPT, indicating the potential of AI across various industries, including the cannabis industry. AI can help in precision cultivation, tailored consumer experience, enhanced quality control, and building a robust digital footprint in the cannabis industry. However, challenges such as data privacy, regulatory hurdles, and high initial investment could pose difficulties.
September 13, 2023 | 5:10 pm
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Microsoft's $10 billion investment in ChatGPT indicates its belief in the potential of AI across various industries, including the cannabis industry. This could lead to new revenue streams for the company in the future.
Microsoft's significant investment in ChatGPT shows its confidence in the growth and potential of the AI market. As AI finds applications in various industries, including the cannabis industry, it could open up new revenue streams for Microsoft. This could potentially have a positive impact on the company's stock in the short term.
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