The emergence of generative AI companies has crafted some of the fastest growth stories in the tech world. OpenAI has become the world’s most valued startup at $86 billion while chip-maker NVIDIA pipped internet giants such as Amazon, Apple and Meta to reach peak valuation of $3.34 trillion last month.
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But these are not the only resources being rewarded by investors. A whole ecosystem of players is now emerging centred on GenAI models in new areas. ET spotlights some of these firms and their backers.
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