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In 2023, companies are following the leader, ChatGPT, to see who can determine the most profitable model for generative AI technology.
While there are articles like 17 Booming Generative AI Companies & Startups and Generative AI in 7 Charts, who are the law firms, bankers, and companies investing time and money in Generative AI?
In this week's Market Primer, we're diving into 2023 Generative AI M&A activity.
Advent International diversified their M&A activity within Generative AI — their acquisitions include companies working in transportation, product development, and consulting.
Other top firms doing deals in Generative AI,
Microsoft made a $10 billion bet on ChatGPT in 2023, solidifying their status as the top acquirer.
Other companies pursuing Generative AI technology through inorganic growth,
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Gunderson Dettmer recognized the rise of Generative AI in Q1 of 2023 and hosted a webinar on the Latest Developments, Legal Risks and Best Practices.
Other top lawyers advising in the Generative AI space:
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Goldman Sachs’ big prediction for Generative AI: It could raise GDP by 7%.
Here are the other top bankers advising in Generative AI deals.
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