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Global IT Spending Forecast: Gartner Predicts 6.8 Percent Growth in 2024
While the tech industry is grappling with layoffs, there is no lack of IT spending. The worldwide spending on IT is expected to reach $5 trillion in 2024 marking ...Full Article
2024 GenAI Predictions
Declaring that interest in generative AI will grow in 2024 is the easiest prediction in the history of predictions. The more interesting bits are how GenAI adoption will unfold ...Full Article
Trust Me, I’m Smart: HPC and Government Regulation in the Coming AI Age
Stephen Hawking famously said that "success in creating effective AI could be the biggest event in the history of our civilization, but unless we learn how to prepare for ...Full Article
Sopra Steria Next Forecasts GenAI Market to Be Worth $100B by 2028
The rise of generative article intelligence (GenAI) has taken the world by storm in 2023. While organizations have taken a keen interest in deploying GenAI technology, it has remained ...Full Article
Consumer Watchdog Report: Wall Street AI Could Cause Financial Crisis
The impact of AI has rippled through virtually every aspect of the business world, and the financial industry is no exception. Organizations in the financial sector are expected to ...Full Article
IBM Report Highlights Consumer Interest in AI-Driven Shopping
The retail industry is facing mounting pressure from the economic headwinds and evolving consumer expectations. To better understand the widening gap between shopper demands and the current retail offering, ...Full Article
Perplexity AI Raises $74M to Take Valuation to $520M
Google and a few others have been dominant in the search engine space for years, but with the recent advancement of GenAI technology, the competitive landscape is set to ...Full Article
Intel Launches Enterprise GenAI Company: Articul8
Intel and DigitalBridge, a global investment firm, launched an independent generative artificial intelligence (GenAI) company named Articul8. The platform offers enterprise customers a full-stack, vertically-optimized, secure GenAI platform. Customers ...Full Article
MIT Researchers Leverage AI to Identify Antibiotic That Can Kill Drug-Resistant Bacteria
As bacteria continue to evolve to withstand the effects of antibiotics, it has rendered bacterial infections more challenging to treat. The issue of “antibiotic resistance” has already become a ...Full Article
Anthropic in Talks with Menlo Ventures to Raise $750M
Another influx of cash might be on the horizon for Anthropic. The OpenAI competitor is hoping to raise $750 million in a new round of funding, according to Bloomberg ...Full Article
