AI News

OCTOBER 24, 2024

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 This support aims to enhance the UK’s infrastructure to stay competitive in the AI market. “The In 2022, £18.8

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ODSC - Open Data Science

MARCH 5, 2024

REGISTER NOW Investment Players As you can imagine, venture capital is playing a crucial role in fueling AI startups, with investors eager to back companies that promise to disrupt traditional industries. Worldwide, these entities are recognizing AI’s strategic importance, launching national AI strategies, and funding research.

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AWS Machine Learning Blog

MAY 9, 2024

According to a McKinsey study , across the financial services industry (FSI), generative AI is projected to deliver over $400 billion (5%) of industry revenue in productivity benefits. As maintained by Gartner , more than 80% of enterprises will have AI deployed by 2026.

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