The Natural Language Processing (NLP) Market is expected to grow at a rate of 27.6% between 2022 and 2030, reaching around USD 357.7 Billion by the end of the year 2030. This growth is due to the shift from product-centric to customer-centric experience, increased demand from healthcare industry, and the increasing adoption of NLP in various industries. Google recently introduced LaMDA, a conversational AI technology that can engage in natural and open-ended conversations with users.
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