Generative AI refers to models that create new content like text, images, and videos based on training data, with applications spanning various fields, including business and creative sectors. Tools like ChatGPT, DALL-E, and Gemini showcase the technology's evolution, empowering users to generate diverse content quickly and boosting workflow efficiency. However, generative AI poses challenges such as potential biases, inaccuracies, and difficulties in tracing source material, prompting ongoing research into more reliable implementations and best practices.