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Generative AI is a significant development in artificial intelligence that brings about a revolutionary change in human-machine interactions. It enables AI systems to demonstrate intelligence, empathy, and creativity at a level comparable to humans. Generative artificial intelligence surpasses the constraints of rule-based instruction by producing contextually aware solutions in the form of written content, visuals, and even intricate software codes. This blog aims to provide a comprehensive overview of the basic principles of generative artificial intelligence, what is Generative AI, how does it work, types, applications, advantages, limitations and its impact on the future of technology and business solutions.