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. In 2022, £18.8

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Big Data AI AI Prompt Engineering 336

Unite.AI

JANUARY 20, 2025

Transparency = Good Business AI systems operate using vast datasets, intricate models, and algorithms that often lack visibility into their inner workings. Transparency is non-negotiable because it: Builds Trust : When people understand how AI makes decisions, theyre more likely to trust and embrace it.

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Explainability Explainable AI AI AI 111

Unite.AI

OCTOBER 4, 2023

For example, in August 2020, Robert McDaniel became the target of a criminal act due to the Chicago Police Department’s predictive policing algorithm labeling him as a “person of interest.” Similarly, biased healthcare AI systems can have acute patient outcomes. Several key strategies can be implemented to reduce bias in AI models.

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Artificial Intelligence Artificial Intelligence AI AI 273

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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ODSC - Open Data Science

MARCH 5, 2024

The Evolution of AI Investment The journey of AI from theoretical research to a core driver of technological innovation has been marked by significant milestones. Worldwide, these entities are recognizing AI’s strategic importance, launching national AI strategies, and funding research. in the same time period.

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