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AI governance: Analysing emerging global regulations

AI News

The regulation, which came into force this year, is set to be fully effective by 2026. In 2021, they introduced regulation on recommendation algorithms, which [had] increased their capabilities in digital advertising. China, for instance, has been implementing regulations specific to certain AI technologies in a phased-out manner.

Big Data 304
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How AI is transforming sports betting for better odds

AI News

This article delves into how AI algorithms are transforming sports betting, providing actual data, statistics, and insights that demonstrate their impact. AI algorithms can analyse vast amounts of data, recognise patterns, and make predictions with remarkable accuracy. Data collection and processing AI algorithms thrive on data.

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AI sector study: Record growth masks serious challenges

AI News

billion investment in AI skills, security, and data centre infrastructure, aiming to procure more than 20,000 of the most advanced GPUs by 2026. Public sector integration: The UK Government Digital Service (GDS) is working to improve efficiency using predictive algorithms for future pension scheme behaviour.

Big Data 336
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How to Boost Productivity With the Help of AI

Unite.AI

The pace is speeding up even further now, as Peter predicts that between 2022 and 2026, we'll see another 100 years of progress, and so on. AI can also help structure and automate information within your company so that it is instantly accessible. This creates an “AI brain” to automate operations.

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Judicial systems are turning to AI to help manage its vast quantities of data and expedite case resolution

IBM Journey to AI blog

As such, the judiciary has long been a field ripe for the use of technologies like automation to support the processing of documents. The algorithm preserved the case history and gave users a comprehensive view of all the information for the case and where it originated.

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The exponential expenses of AI development

AI News

“And then I think in 2025 and 2026, we’ll get more towards $5 or $10 billion.” Overall, it is clear that the future of AI will be shaped not just by breakthroughs in algorithms and model design but also by our ability to overcome the immense technological and financial hurdles that come with scaling AI systems.

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Banking on AI: Fraud Detection, Credit Risk Analysis, and the Future of Financial Services

Unite.AI

billion from 2021 to 2026, reflecting the rapid growth and adoption of AI technologies in this domain. AI-powered tools can help manage finances automatically, from budgeting and bill pay to automated savings and investment strategies, reducing the cognitive load on individuals and promoting better financial management.