- Google: Incorporated synthetic data in the development of Gemma models.
- Nvidia: Unveiled a model family specifically designed to generate synthetic training data.
- Hugging Face: Released what it claims is the largest AI training dataset of synthetic text.
Market Projections
- The synthetic data generation market could reach $2.34 billion by 2030.
- Gartner predicts that 60% of data used for AI and analytics projects in 2024 will be synthetically generated.