IBM Journey to AI blog

OCTOBER 4, 2023

Why does AI need an open data lakehouse architecture? Consider this, a forecast by IDC shows that global spending on AI will surpass $300 billion in 2026, resulting in a compound annual growth rate (CAGR) of 26.5% from 2022 to 2026. Later this year, watsonx.data will infuse watsonx.ai

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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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IBM Journey to AI blog

MAY 25, 2023

IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. The CoE is off to a fast start.

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ODSC - Open Data Science

MARCH 5, 2024

Currently, these trends are shaped by the pursuit of possible innovation that can result in new market capture in machine learning, automation, and data analytics. Worldwide, these entities are recognizing AI’s strategic importance, launching national AI strategies, and funding research. Finally, the automation of loans.

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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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