« back to reports
2023
Vertical Snapshot: Generative AI
March 21, 2023
Fill out the form to download a preview of this report. The full report is available through the PitchBook Platform.
Looking at the bigger picture on generative AI
It has taken the technology and venture capital industries by storm. Generative AI programs like Stable Diffusion, ChatGPT, and now Google’s Bard have captured everyone’s attention. Social media feeds are clogged with Stable Diffusion’s AI-generated profile portraits and screenshots from correspondences with OpenAI’s ChatGPT bot.
The vertical is deeply complex, with many players in the space producing foundation models, tooling, and applications. Our vertical snapshot dives deep into the emerging space of generative AI, providing all of the data, deals, players, and processes you need to understand the field.
Key takeaways:
Table of contents
Looking at the bigger picture on generative AI
It has taken the technology and venture capital industries by storm. Generative AI programs like Stable Diffusion, ChatGPT, and now Google’s Bard have captured everyone’s attention. Social media feeds are clogged with Stable Diffusion’s AI-generated profile portraits and screenshots from correspondences with OpenAI’s ChatGPT bot.
The vertical is deeply complex, with many players in the space producing foundation models, tooling, and applications. Our vertical snapshot dives deep into the emerging space of generative AI, providing all of the data, deals, players, and processes you need to understand the field.
Key takeaways:
- Chatbots, virtual assistants, and voicebots captured 57.8% of VC investments in natural language interfaces in 2022.
- Generative AI startups occupy one of 32 product categories based on their role developing models and using them for specific use cases.
- The global generative AI market is expected to reach $42.6 billion in 2023.
Table of contents
| Executive summary | 3 |
| Introduction | 4 |
| Technology and processes | 5 |
| Tech stack | 7 |
| Timeline | 8 |
| Industry drivers | 12 |
| Market size | 14 |
| Outlook | 15 |
| Considerations | 17 |
| Taxonomy | 18 |
| Market map | 23 |
| VC activity | 25 |
| Key players | 29 |
| Key partnerships | 33 |
| Key acquisitions/deals | 34 |
| Glossary | 37 |