AI Business Informs, educates and connects the global AI community
WEB3 days ago — Sep 17, 2024. |. 3 Min Read. by Berenice Baker. AI Business offers news and insights to empower leaders and innovators with essential insights for harnessing AI in the enterprise.
The next five years in AI adoption
WEBJul 29, 2021 — Within the next five years, artificial intelligence is likely to become more trusted. Currently, there's a tendency for executives who see an AI output they didn’t expect to assume that it's wrong – simply because it is unexpected. That mindset will change as business leaders become more familiar with AI and their trust level increases.
25 Years Ago Today: How Deep Blue vs. Kasparov Changed AI …
WEBMay 10, 2022 — The machine won. That globally publicized event 25 years ago, the first time a computer had prevailed against a world chess champion, showcased one of the greatest accomplishments in artificial intelligence since the 1950s. But today’s computer chess engines, with increases in computing power and programming techniques, can outplay …
IDC forecasts global AI spending to go past half-trillion mark by …
WEBFeb 16, 2022 — Bulk of AI spending is on software, but hardware, services gaining ground. Worldwide spending in the artificial intelligence market is set to grow 19.6% year-over-year in 2022 to $432.8 billion on its way to breaching the $500 billion mark by 2023, according to a new IDC report. Spending on AI software remains dominant at 88.3% for this year ...
AI CPUs in the data center - AI Business
WEBNov 16, 2021 — The market for these AI accelerators is massive and fast growing, with revenue set to nearly quadruple in the coming years, rising to $92 billion in 2026, up from $26 billion in 2020, according to current forecasts from Omdia’s AI Processors for Cloud and Data Center report and AI Chipsets for Edge report. However, with CPUs and other …
AI in agriculture: A look at automated vertical farms
WEBDec 20, 2021 — The new company’s vision: to create a ‘Farming as a Service’ (FaaS), an in-store platform allowing supermarkets and restaurants to produce their own fresh produce autonomously. By using artificial intelligence and digital monitoring to mimic nature indoors by controlling and optimizing factors like climate, nutrients, and temperature.
Three notable examples of AI bias
WEBOct 14, 2019 — Three notable examples of AI bias. AI Business. October 14, 2019. 9 Min Read. by Michael McKenna, Toptal. In 2016, the World Economic Forum claimed we are experiencing the fourth wave of the Industrial Revolution: automation using cyber-physical systems. Key elements of this wave include machine intelligence, blockchain-based …
The AIconics 2020: Full list of this year’s award winners - AI Business
WEBThe Best AI Start-Up awards focuses on the business itself as well as the technology and is designed to raise the profile of those leading the field in both technology, product market fit, and scale-up potential. Winner: Lirio. Highly Commended: Aisera, C3 Fund, NATIX, AI.Reverie, UIB.
The Great Chip Shortage: What does it mean for AI?
WEBMay 19, 2021 — The whole AI world is desperately dependent on one fab. The pandemic year 2020 has had seismic effects on the global semiconductor market. On one hand, enforced homeworking and reliance on digital entertainment in the absence of other options have kicked off a massive PC replacement cycle, while the demand for cloud services …
Apple Launches First Multimodal AI Model - AI Business
WEBMar 18, 2024 — Apple's MM1 AI model excels in processing images and text with state-of-the-art multimodal capabilities. Apple has unveiled MM1, a family of multimodal models capable of handling images and text. The models range up to 30 billion parameters and are competitive with the initial versions of Google Gemini. MM1 can follow instructions and …