Menu

Global Scans · Intelligence · Weekly Summary


WHAT'S NEXT?: There will be an increased demand for software and services that deliver intelligence, personalization, and specialization. Artificial intelligence could become a $15+ bn opportunity by 2025. Combining human and machine cognition for engagement decisions could yield the precision and reliability of automation without sacrificing the robustness and flexibility that humans bring. The first effect of machine intelligence will be to lower the cost of goods and services that rely on prediction.

  • [New] Apple and Google have actively negotiated the use of Gemini to power some of the generative AI features which are anticipated to come to iPhones in 2024. Mint
  • [New] AI demand: Forecasts indicate an annual growth rate between 38% and 50% throughout 2027, which indicates that even in the lowest of estimates, demand is expected to be strong. Seeking Alpha
  • [New] We believe that a data-centric approach holds the key to unlocking the transformative potential of AI and machine learning. World Business Outlook
  • [New] Generative AI will continue to accelerate AI adoption in India with more leading organizations exploring or investing in its use cases. Lokmat News
  • [New] Looking ahead, IDC forecasts a focus on emerging edge use cases, including augmented reality, artificial intelligence, and autonomous operations. TechRadar pro
  • [New] 83% of companies consider AI a top priority in their business plans, emphasizing its transformative potential. Maven Technology
  • [New] Thomson Reuters announced its first brand refresh in 16 years, which will emphasize its commitment to investing in products and technology that leverage generative AI. Accounting Today
  • [New] Compact four system configurations can fine tune 70 B models in a day while at full scale using 2048 systems, Llama 70 B can be trained from scratch in a single day - an unprecedented feat for generative AI. NextBigFuture.com
  • [New] Despite the aspiration of becoming the 'center of AI regulation', the UK has produced little so far when it comes to mitigating AI risks effectively. Silicon UK
  • [New] With the surging power requirements of AI, the HPC markets are experiencing exponential growth, projected to reach a global revenue of $65.12 billion by 2030. Applied Blockchain, Inc.
  • [New] Business leaders across Asia-Pacific are gearing up for an AI spending blitz, with investments expected to surge by a good 45% in 2024, compared to last year. Techgoondu
  • [New] The AI Act could potentially help raise standards globally if AI companies make the EU a benchmark for how they apply AI worldwide. Digiday
  • [New] The proliferation of generative AI poses new questions about whether Section 230 will protect companies from being liable for AI-generated content - something the Supreme Court is also asking. Digiday
  • [New] There are concerns about how the AI Act might prevent exponential innovation in AI in Europe, compared to the strides being made by US and Chinese companies and governments. .foodingredientsfirst.com/
  • [New] As Copilot AI gets infused into more Microsoft software - and even into the Windows OS itself - expect more new AI-generated offerings to appear with associated price hikes to help recoup that $10 billion-plus investment in AI. Visual Studio Magazine
  • [New] Many governance models and frameworks are evolving, with the US government publishing the broad guidelines that will play a major role in shaping the adoption of AI in 2024 and beyond. Open Source For You
  • [New] The pace of innovation in technology has been breathtaking, and is expected to continue in 2024 with various open source technologies emerging across software infrastructure, machine learning (including AI), and data platforms. Open Source For You
  • [New] Artificial intelligence, robotics and other forms of 'smart automation' are poised to contribute up to 14% of global GDP by 2030. SpringerLink
  • [New] Meme Ai's price for 2030 is expected to fluctuate between $2.00 to $5.00, with an average price of approximately $3.50. Coinpedia Blockchain Fintech News
  • [New] In 2023, artificial intelligence drove numerous technological advancements, with automation and machine learning expected to further enhance the tech ecosystem in 2024. Yahoo Finance
  • [New] Generative AI is clearly a powerful tool with many benefits, but an important challenge that the world will have to grapple with is not only the best way to incorporate it into workflows but ensuring that its use is ethical. Australian Financial Review
  • [New] The most immediate and significant threat facing the world, especially during an important electoral year, is disinformation and misinformation driven by artificial intelligence. Julian Male Legal Risk Advisory

Last updated: 19 March 2024



Please stand by...

The magic is happening, but it might take a couple of minutes.

Login