AI's rapid ascent is transforming industries, including life sciences, with 65% of organizations regularly using genAI, nearly double from ten months ago. By 2025, genAI is expected to drive efficiency in drug discovery, clinical trials, and personalized treatments, with 95% of researchers anticipating AI to accelerate knowledge discovery. Key trends include multimodal AI, AI agents, intuitive search, and AI-powered consumer experiences. The Deloitte report projects a top 10 biopharma company could capture $5–7 billion in peak value by scaling AI over five years, emphasizing high-value, low-complexity initiatives to build momentum.