In recent years, artificial intelligence (AI) has evolved from being merely a buzzword to presenting definable roles and tangible benefits for smart buildings. The past three years have seen the emergence of genuinely innovative use cases for AI technologies within the IoT for smart buildings (BIoT). While the rise of generative AI, like ChatGPT (developed by Open AI), has brought unprecedented levels of attention and investment to the sector in the past six months. Our new study explores these advancements that have moved AI beyond the confines of research to begin developing real purpose in the smart building. “The utility of AI will continue to improve with algorithmic advances, increased data availability, and significant growth in power and storage capabilities at a lower cost, and as AI technologies rapidly advance and push new frontiers of innovation, business adoption continues to grow across a wide range of use cases,” reads our latest BIoT research.