Global Retail Spend On Chatbots Will Grow To $72 Bn By 2028: Report

Asia Pacific will account for 85 per cent of global retail spending growth amongst small and medium retailers that were previously not able to invest in chatbots, , chatgpt app, retail, Global Retail spend, 2028

Global retail spending on chatbots is expected to grow at 470 per cent from USD 12 billion in 2023 to USD 72 billion by 2028, according to a recent report. Open language models are acquired through limited human supervision and consist mostly of neural networks trained on substantial amounts of online data.

Via: businessworld.in