Euronews Business digs deep and considers the opportunities and challenges for Europe from Generative AI. What is generative AI?Generative AI refers to learning models which assist in the creation of new content in any required format. It is trained on “vast databases” and is designed to generate high-quality content in response to given prompts. Considering the ever-increasing popularity of generative AI such as Chat GPT, Dall E & Claude, it is estimated to grow at a compound annual growth rate (CAGR) of 32.2% to touch $53.9 billion (€49.58 billion) by 2028. A positive role for AI? Takeaways …