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Further, in December 2023, Google launched a new multi-modal copyright AI Model. The copyright model offers MMLU (Massive Multitask Language Understanding) to test the performance of language models. copyright Multimodel combines text and visuals, allows for cross-language visual reasoning, and generates code based on a variety of inputs.
Furthermore, in August 2023, Meta launched SeamlessM4T, a Multimodal AI model for speech and text translations. SeamlessM4Tprovides a multilingual multimodal AI translation and transcription model. It also supports speech-to-speech translation, supporting nearly 100 input languages and 36 (including English) output languages.
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Component
o By Data Modality
o By Technology
o By End Users
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Google LLC, IBM Corp., Meta Platforms, Inc., Microsoft Corp., and OpenAIOpCo, LLC among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Multimodal AI Market Report Segment
By Component
- Software
- Service
By Data Modality
- Image Data
- Text Data
- Speech & Voice Data
- Video & Audio Data
By Technology
- Machine Learning
- Natural Language Processing
- Computer Vision
- Context Awareness
- Internet of Things
By End User
- Media & Entertainment
- BFSI
- IT & Telecommunication
- Healthcare
- Automotive & Transportation
- Others (Gaming)
A full report of Multimodal AI Market available @ https://www.omrglobal.com/industry-reports/multimodal-ai-market
Company Profiles
- Adobe Inc.
- Affectiva, Inc.
- com, Inc.
- Baidu, Inc.
- Clarifai, Inc.
- Cogniac Corp.
- Deepgram, Inc.
- IBM Corp.
- iMerit Inc.
- Indico Data Solutions, Inc.
- Levity AI GmbH
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
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