Month: May 2024

Dimension Market Research Conversational AI is expected to become highly integrated into daily life, transforming interactions across many sectors. Development in natural language processing, voice recognition, and emotional intelligence will drive more personalized and context-aware experiences. As privacy issues persist, ethical considerations and regulatory frameworks will shape the evolution of Conversational AI, encouraging trust and responsible innovation. New York, May 06, 2024 (GLOBE NEWSWIRE) — Overview: The Global Conversational AI Market size was valued USD 10.0 billion by 2023 and it is further anticipated to reach a market value of…

Read More

AMD Positions for AI Leadership with Expanded Portfolio, Quadrupled R&D Investment Ahead of Major Computex Announcements Advanced Micro Devices, Inc (NASDAQ:AMD) is strategically preparing to address the growing demand for AI computing by leveraging its extensive product range. CTO Mark Papermaster emphasized AMD’s robust portfolio of compute engines, strong relationships with customers across diverse markets, and open software capabilities. He reflected on AMD’s 55-year history, highlighting its shift to a modular IP portfolio unified by a comprehensive AI software stack, which will enable the company to adapt more efficiently to evolving…

Read More

Companies seeking to dominate the artificial intelligence (AI) market keep popping up like weeds. That includes many start-ups most haven’t heard of and likely never will. These relatively small companies can be incredibly innovative, but it’s hard — and risky — to try to profit from the AI boom by investing in privately held start-ups. Thankfully, there is no shortage of established corporations on the market that should benefit from the rise of AI. One of the better bets in this field is none other than Facebook parent Meta Platforms…

Read More

As I write this, two contrasting regulations on the development of artificial intelligence — namely generative AI — are making their way through the European and British parliaments. The British approach is very simple — looking to ensure AI companies fit into existing laws governing technology companies.  In contrast, the EU approach, as White & Case analysis describes, is an entirely new piece of legislation, and is risk-based — looking to counter the most serious risks that come with developing more advanced AI. Whether that is data scraping, infringements on…

Read More

Local news media turned to an expert in artificial intelligence at the University of Cincinnati to explain why this technology is becoming integral to so many disciplines in higher education. UC’s College of Engineering and Applied Science offers two master’s programs in artificial intelligence, or AI, while UC Blue Ash offers a new associate degree in AI for Workforce, developed by Intel Corp. UC Professor Ali Minai is a champion of AI. He has studied this technology for 35 years in his lab in UC’s Department of Electrical and Computer…

Read More

Massachusetts Institute of Technology How is the field of artificial intelligence evolving and what does it mean for the future of work, education, and humanity? MIT President Sally Kornbluth and OpenAI CEO Sam Altman covered all that and more in a wide-ranging discussion on MIT’s campus May 2. The success of OpenAI’s ChatGPT large language models has helped spur a wave of investment and innovation in the field of artificial intelligence. ChatGPT-3.5 became the fastest-growing consumer software application in history after its release at the end of 2022, with hundreds…

Read More

MarketsandMarkets Research Pvt. Ltd. Chicago, May 06, 2024 (GLOBE NEWSWIRE) — The global Conversational AI Market size is anticipated to grow at a CAGR of 24.9% during the forecast period, from USD 13.2 billion in 2024 to USD 49.9 billion by 2030, according to a new report by MarketsandMarkets™. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49043506 Due to various business drivers, the conversational AI market is expected to grow significantly during the forecast period. The market is experiencing significant growth due to increasing integration of AI chatbots in messaging services, increasing integration…

Read More

Shopify isn’t a pure-play AI stock, but it should be able to use AI to solidify its economic moat. Artificial intelligence is on the rise, and many investors are looking for stocks that will capitalize on the trend. There are some software stocks with direct exposure, but perhaps the best place to look is where the benefits of AI aren’t as easily recognized. There’s one overlooked AI powerhouse in particular that should use the technology to create large value for investors, even if the market hasn’t caught on just yet.…

Read More

Artificial intelligence is on the rise, and many investors are looking for stocks that will capitalize on the trend. There are some software stocks with direct exposure, but perhaps the best place to look is where the benefits of AI aren’t as easily recognized. There’s one overlooked AI powerhouse in particular that should use the technology to create large value for investors, even if the market hasn’t caught on just yet. Shopify: A wonderful business even without AI Shopify (NYSE: SHOP) is a wonderful stock even before diving into its…

Read More

I’ve been working with the technologies associated with conversational AI for two decades. The wide adoption moment that the release of ChatGPT ushered in was something I’d been waiting for (and something I predicted in my book, Age of Invisible Machines). People like having conversations with technology using natural language. Still, the extent to which generative AI has altered the broader AI marketplace has been surprising.  We now live in a world where most of the people you walk past on the street have had sophisticated conversations with machines by…

Read More

The adoption of artificial intelligence (AI) is gathering steam across multiple industries, which is not surprising as this technology has the potential to raise productivity and contribute significantly to the global economy in the long run. McKinsey estimates that generative AI could increase labor productivity at an annual rate of 0.1% to 0.6% through 2040. PwC, on the other hand, is expecting AI to contribute $15.7 trillion to the global economy by 2030, of which $6.6 trillion will be on account of productivity gains. Investors would therefore do well to…

Read More

AP | May 06, 2024 07:37 PM IST Share Via Copy Link The Pulitzer Prizes are set to be announced on Monday. The board will honour winners and finalists in 15 journalism categories. The Pulitzer Prizes are set to be announced on Monday, traditionally the most anticipated day of the year for those hoping to earn print journalism’s most prestigious honor. The board issued a statement Thursday saluting student journalists at Columbia and other universities across the country for their work covering the campus demonstrations.(AP) Along with honoring winners and…

Read More