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AI sector study: Record growth masks serious challenges

AI News

The government’s commitment to supporting AI is evident through significant investments. In 2022, the UK government unveiled a National AI Strategy and Action Plan—committing over £1.3 billion in computing capacity and committed to building three new supercomputers by 2025. In 2022, £18.8 billion already invested.

Big Data 295
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Driving AI Success by Engaging a Cross-Functional Team

DataRobot Blog

Enterprises see the most success when AI projects involve cross-functional teams. For true impact, AI projects should involve data scientists, plus line of business owners and IT teams. Teams can also build AI apps without writing code and collaborate within a single system of record, setting up user permissions and governance.

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How IBM and AWS are democratizing AI with watsonx 

IBM Journey to AI blog

According to a recent IBM Institute for Business Value (IBV) study, 74% of executives believe that AI will fundamentally change their business operations within the next 5 years. Furthermore, the same study indicates that companies leveraging AI at scale are expected to outperform their peers by 25% in profitability by 2025.

AI 124