AI advancements, particularly Large Language Models (LLMs) and other generative model types, unlock opportunities to develop applications faster through task automation and information processing. Speed to innovation is so prized that the AI-coding tools market alone is projected to grow from $4.3 billion in 2024 to $12.6 billion by 2028. Additionally, a growing percentage of companies, from 20% in 2023 to 47% today, are choosing to develop their own internal AI tools.
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