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UK’s AI ecosystem to hit £2.4T by 2027, third in global race

AI News

Projections released by the newly launched Global AI Ecosystem open-source knowledge platform indicate that the UK’s AI sector is set to skyrocket from £1.36 trillion ($3 trillion) by 2027. The Global AI Ecosystem platform is developed with support from AI Industry Analytics (AiiA) and Deep Knowledge Group.

Big Data 244
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UAE set to help fund OpenAI’s in-house chips

AI News

OpenAI’s ambitious plans to develop its own semiconductor chips for powering advanced AI models could receive a boost from the United Arab Emirates (UAE), according to a report by the Financial Times. billion pot of funds set aside from Horizon Europe to support research in semiconductor technologies up to 2027.

OpenAI 256
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White House secures safety commitments from eight more AI companies

AI News

The Biden-Harris Administration has announced that it has secured a second round of voluntary safety commitments from eight prominent AI companies. Representatives from Adobe, Cohere, IBM, Nvidia, Palantir, Salesforce, Scale AI, and Stability attended the White House for the announcement.

Big Data 234
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Ampere Computing: Unlocking a Path to the Sustainable Cloud

AI News

AI News caught up with Victor Jakubiuk, Head of AI at Ampere Computing , a semiconductor company offering Cloud Native Processors. In today’s business landscape, artificial intelligence (AI) has been an undeniable game-changer, driving innovation and competitiveness across all industries.

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Public cloud use cases: 10 ways organizations are leveraging public cloud

IBM Journey to AI blog

According to an International Data Corporation (IDC) report (link resides outside ibm.com), worldwide spending on public cloud provider services will reach $1.35 trillion in 2027. artificial intelligence (AI) , edge computing, the Internet of Things (IoT) ). What is a public cloud?

DevOps 225
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TDC Digital leverages IBM Cloud for transparent billing and improved customer satisfaction

IBM Journey to AI blog

billion by 2027. With high-speed file transfer, integrated services and cross-region offerings, IBM Cloud Object Storage allows you to leverage your data securely. The rapid growth of global web-based ERP solution providers The global cloud ERP market is expected to grow at a CAGR of 15%, from USD 64.7 billion in 2022 to USD 130.0

Big Data 186
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Public cloud vs. private cloud vs. hybrid cloud: What’s the difference?

IBM Journey to AI blog

There would be no e-commerce, remote work capabilities or the IT infrastructure framework needed to support emerging technologies like generative AI and quantum computing. Each service facilitates data flow over the internet between front-end clients and back-end cloud systems provided by a cloud service provider.

DevOps 251