Rapid AI innovation expected to drive $156 billion in revenue by 2028 – Computerworld

Demand for AI platform software is expected to grow 40% annually over the next four years, rising from $27.9 billion in sales last year to $153 billion in 2028, according to a new report from research firm IDC. The report highlights that AI platforms such as Microsoft Azure AI, Amazon AI Services, Google Cloud AI […]

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No, AI is not oil. This is great news for Singapore

For years, commentators have likened data to oil, one of the world's most important commodities. Just as vast oil reserves brought wealth and power to the world's oil-producing nations and fossil fuel companies in the 20th century, data-rich countries and companies will be able to leverage that resource in the 21st century. This argument has […]

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Apple's iOS 18.1 beta introduces AI call recording and transcription features

Cupertino: Apple's latest iOS 18.1 developer beta introduces a series of new artificial intelligence-powered features aimed at improving users' phone experience. These updates include the ability to record and transcribe phone calls, which could be particularly useful for professionals such as journalists or anyone who needs to keep detailed records of conversations. As reported by […]

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AI spending in focus as big tech companies enter 'make it or break it' week

Major earnings reports from big tech companies due this week could determine the direction of the market in the near term as Wall Street looks for signs that big AI investments are paying off. Disappointing results from Alphabet and Tesla prompted a fierce sell-off, raising questions about how long it will take for the AI […]

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HR leaders say they're only 'scratching the surface' with AI

Listen to the article 3 minutes This audio is automatically generated, please let us know if you have any feedback. When new employees join the content recommendation technology company Taboola, many of them ask to speak with Sasha, who they became friends with during the hiring process. But Sasha doesn't exist – at least not […]

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3 Hot AI Infrastructure Stocks to Consider Now — TradingView News

As artificial intelligence (AI) continues to revolutionize industries, the need for a robust AI infrastructure is crucial to realizing its full potential. The global AI infrastructure market is poised for explosive growth, projected to grow at a staggering compound annual growth rate (CAGR) of 30.4% from 2024 to 2030. Moreover, in a recent bullish note, […]

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Artificial Intelligence (AI) in Asset Management

Dublin, July 30, 2024 (GLOBE NEWSWIRE) — The report “Artificial Intelligence (AI) in Asset Management – A Global Strategic Business Report” ResearchAndMarkets.com Recruitment. The global artificial intelligence (AI) in asset management market is estimated to reach USD 3.5 billion in 2023 and is projected to reach USD 14.1 billion by 2030, growing at a CAGR […]

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AI disclosure could hinder sales, new study finds

New York, July 30 (IANS) Including the term “artificial intelligence” in a product description may unintentionally reduce sales, according to a study conducted by researchers at Washington State University (WSU). The study, published in the Journal of Hospitality Marketing & Management, surveyed more than 1,000 U.S. adults to explore the impact of AI disclosure on […]

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AI insights predict diseases 10 years into the future

Using cutting-edge AI to analyse medical data, scientists are now able to predict a person's risk of developing diseases such as Alzheimer's and heart disease up to 10 years before they are diagnosed. The researchers used machine learning to study blood samples from more than 45,000 people. AI tools can identify patterns of proteins in […]

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