Remove 2024 Remove AI Development Remove AI Strategy
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Tech executives confident in AI skills, but adoption barriers persist

AI News

Budget restrictions (41%), shortage of AI talent (38%), and technical complexity (35%) were cited as primary obstacles. Michal Szymczak, Head of AI Strategy at Zartis, commented on this apparent contradiction: “AI adoption isn’t some ‘on or off’ switch.

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UK backs smaller AI projects while scrapping major investments

AI News

Government shelves £1.3bn UK tech and AI plans – BBC News [link] — Chris van der Kuyl CBE (@chrisvdk) August 2, 2024 Both of the major funds were unveiled less than a year ago by the previous Conservative government. Check out AI & Big Data Expo taking place in Amsterdam, California, and London. This is idiotic.

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Amazon stakes $4bn more in Anthropic–the next tech arms race?

AI News

Amazon has announced an additional $4 billion investment in Anthropic, bringing the company’s total commitment to $8 billion, part of its expanding artificial intelligence strategy. Infrastructure development: Ongoing investment in AI-specific hardware like Trainium chips demonstrates a commitment to building AI-focussed infrastructure.

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HONOR CEO George Zhao Outlines AI Vision

Unite.AI

In the bustling halls of MWC 2024 , an event that garners the attention of the world's tech enthusiasts, HONOR stands out with its innovative flair. At the helm, HONOR CEO George Zhao offers a glimpse into a future where artificial intelligence (AI) seamlessly integrates into our daily lives.

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LXT’s Report ‘The Path to AI Maturity 2024’: Unmasking the Future of AI Innovation and Corporate Transformation

Unite.AI

This underscores the critical role of data in training more sophisticated and accurate AI models. Finally, AI strategy and training data constitute the largest allocations within AI budgets, signifying the strategic emphasis on laying a robust foundation for AI initiatives through comprehensive planning and quality data resources.

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AMD Strengthens AI Position with $665 Million Acquisition of Silo AI

Unite.AI

They are a leading AI research and development company that creates custom AI models, platforms and solutions for many industries with a focus on cloud, embedded, and endpoint computing. The deal is expected to close in the second half of 2024, subject to customary closing conditions and regulatory approvals.

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Getting ready for artificial general intelligence with examples

IBM Journey to AI blog

Nearly all respondents reported promising early results from gen AI experiments and planned to increase their spending in 2024 to support production workloads. This multi-model approach uses multiple AI models together to combine their strengths and improve the overall output.