AI News

JANUARY 19, 2024

.” As a pioneer in computing infrastructure, Google runs some of the most efficient data centres in the world and has committed to powering them entirely on carbon-free energy around the clock by 2030. Data centres process, host, and store the massive amounts of digital information that is critical for developing AI models.”

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AI News

AUGUST 27, 2024

This move comes amidst an anticipated boom in the Asia-Pacific generative AI software market. ABI Research forecasts a surge in revenue from $5 billion this year to a staggering $48 billion by 2030. These models are designed to possess a more thorough grasp of local laws, regulations, and cultural intricacies.

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AI News

AUGUST 7, 2024

This growth is expected to continue at a rapid pace into the last years of the decade, with Statista predicting the $184 billion industry will grow to nearly $900 billion by 2030. As such, several developers around the world are working on solutions that build sustainable AI models, without big tech firms’ prying eye on our personal data.

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Unite.AI

OCTOBER 7, 2023

trillion by 2030. It facilitates a higher level of interconnectivity by seamlessly combining numerous technologies, like cloud computing, edge computing, AI, IoT, 6G, and data analytics, along with various gadgets, sensors, and machines to gather, transmit, and analyze data in real-time. billion by 2030, compared to $928.11

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AI News

AUGUST 14, 2024

Artificial intelligence is changing the world and is projected to have a global market value of $2-4 trillion USD by 2030. AI has crept into every facet of our lives, fundamentally transforming our work and play. On the one hand, the GPU is great at managing parallelism, making it excellent for training AI models.

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Unite.AI

OCTOBER 19, 2023

Generative AI has shown limitless potential in its ability to hold intelligent conversations, pass exams, generate complex programs/code, and create eye-catching images and video. If the trends of AI adoption continue, then as much as 5% of worldwide power could be used by data centers by 2030.

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IBM Journey to AI blog

APRIL 22, 2024

.” Design, adopt and train AI with attention to sustainability The European Commission estimates that over 80% of all product-related environmental impacts are determined during their design phase. IBM’s concrete actions to support AI sustainability AI creation requires vast amounts of energy and data.

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AI Weekly

APRIL 27, 2023

yahoo.com Global Industrial Robotics Market to 2030 The global industrial robotics market size is expected to reach USD 60.56 billion by 2030, expanding at a CAGR of 10.5% from 2023 to 2030. yahoo.com Global Industrial Robotics Market to 2030 The global industrial robotics market size is expected to reach USD 60.56

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Unite.AI

MAY 13, 2024

Microsoft's advanced computational infrastructure and AI platform services will enable organizations of all sizes, from startups to multinational corporations, to develop, deploy, and leverage proprietary and open-source AI models and applications.

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AI Weekly

JULY 4, 2024

marktechpost.com AI coding startup Magic seeks $1.5-billion startup developing artificial-intelligence models to write software, is in talks to raise over $200 million in a funding round valuing it at $1.5 marktechpost.com AI coding startup Magic seeks $1.5-billion billion valuation in new funding round Magic, a U.S.

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Unite.AI

JULY 25, 2024

According to MarketsandMarkets , the AI market is projected to grow from USD 214.6 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 35.7%. One new advancement in this field is multilingual AI models. Integrated with Google Cloud's Vertex AI , Llama 3.1 billion in 2024 to USD 1339.1 Meta’s Llama 3.1

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Unite.AI

JULY 12, 2024

Initially, options were limited to models like OpenAI's ChatGPT, but now the market includes a variety of models such as GPT-4, GPT-4o, Anthropic’s Claude, Google’s Gemini, Meta’s LLaMA, and others like Falcon, Mistral, and Mixtral. Between 2024 and 2030, the AI market is expected to grow at a CAGR of 36.6%

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Pickl AI

NOVEMBER 12, 2024

For instance, a smart camera equipped with embedded AI can analyse video feeds in real-time to detect anomalies, significantly enhancing security systems. According to a recent report, the global embedded AI market is projected to reach US$826.70bn in 2030, growing at a compound annual growth rate (CAGR) of 28.46% from 2024 to 2030.

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Unite.AI

MAY 28, 2024

Why In-house AI Chip Development? Making AI Computing Energy-efficient and Sustainable The current generation of AI chips, which are designed for heavy computational tasks, tend to consume a lot of power , and generate significant heat. This has led to substantial environmental implications for training and using AI models.

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IBM Journey to AI blog

SEPTEMBER 24, 2024

The survey also found that consumer adoption is at a tipping point , with industry executives expecting EVs to account for 40% of car sales by 2030, largely due to EVs becoming cheaper. Over 250,000 electric vehicles (EVs) were sold every week last year globally, according to a recent survey from the International Energy Agency.

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IBM Journey to AI blog

OCTOBER 17, 2023

The Paris Agreement on climate change also mandates that these industries will need to reduce annual emissions by 12-16% by 2030. Generative AI , when applied to industrial processes, can improve production yield, reduce quality variability and lower specific energy consumption (thereby reducing operational costs and emissions).

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NVIDIA

OCTOBER 22, 2024

Fueling Agentic AI With Enterprise Data Across industries and job functions, generative AI is transforming organizations by turning vast amounts of data into actionable knowledge, helping employees work more efficiently. A key technique for achieving this is RAG , which allows AI to tap into a broader range of data sources.

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Aiiot Talk

MAY 3, 2023

That’s where generative AI comes in — optimizing your online content to put it before as many eyes as possible. Generative AI content is getting better every day. AI models understand search engine optimization (SEO), conversions and bounce rates so you don’t have to. A recent study predicted AI will contribute $15.7

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AssemblyAI

JANUARY 12, 2024

AI applications are set to contribute $15.7 trillion to the global economy by 2030, with 35% of businesses having already integrated AI technology.    AI Speech-to-Text, a component of Speech AI, uses cutting-edge Automatic Speech Recognition (ASR) models to transcribe and process speech into readable text.

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NVIDIA

AUGUST 26, 2024

In the Asia-Pacific region alone, generative AI software revenue is expected to reach $48 billion by 2030 — up from $5 billion this year, according to ABI Research. The microservices, available with NVIDIA AI Enterprise , are optimized for inference with the NVIDIA TensorRT-LLM open-source library.

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Unite.AI

APRIL 3, 2024

Their extraordinary parallel processing power ensures exceptional speed when training AI models on large datasets. Additionally, GPUs are adept at executing matrix operations, a fundamental requirement for many AI algorithms due to their optimized architecture for parallel matrix computations.

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Pickl AI

NOVEMBER 13, 2024

Advancements in Machine Learning The evolution of Machine Learning algorithms, particularly Deep Learning techniques, has significantly enhanced the capabilities of Generative AI. This vast amount of data allows AI systems to learn patterns and generate outputs that are increasingly relevant and personalised. billion in 2024 to $136.7

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Unite.AI

JULY 26, 2024

Along the way, the carbon dioxide emissions of data centers may be more than by the year 2030. AI's Power Consumption Trends and Challenges AI's rapid advancement has led to an exponential increase in computational demands. Training complex AI models, particularly deep learning models, requires significant computational power.

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Unite.AI

DECEMBER 13, 2023

The need for explainability in AI algorithms becomes important in meeting compliance requirements. Organizations must showcase how AI-driven decisions are made, making explainable AI models important. These models clearly understand the decision-making process, facilitating regulatory compliance audits.

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NVIDIA

SEPTEMBER 19, 2024

For example, Equinix is the first global data center provider to publish targets to become climate neutral using 100% renewable energy by 2030. Currently, renewables make up 96% of the energy it uses, giving customers access to technologies such as NVIDIA DGX systems for sustainable, private AI.

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Unite.AI

SEPTEMBER 19, 2024

Environmental Costs On the other hand, we can’t ignore the environmental cost of AI itself. The training and operation of large AI models consume enormous amounts of energy, contributing to increased power demands and, by extension, carbon emissions.

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IBM Journey to AI blog

DECEMBER 20, 2023

Manage a range of machine learning models with watstonx.ai Nearly everyone, from developers to users to regulators, engages with applications of machine learning at some point, whether they interact directly with AI technology or not. And the adoption of ML technology is only accelerating.

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IBM Journey to AI blog

APRIL 18, 2023

Across industries, the exponential growth of technologies such as hybrid cloud, data and analytics, AI and IoT have reshaped the way businesses operate and heightened customer expectations. Businesses are now entering an even greater digital era marked by broader applications of AI, including generative AI models.

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ODSC - Open Data Science

JULY 31, 2024

This capability is crucial for training AI models that require extensive data processing. Optimized Architectures: AI-specific chips have architectures optimized for matrix multiplication and other operations common in AI algorithms. billion by 2030 , growing at a compound annual growth rate, or CAGR, of 35.2%

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How to Learn Machine Learning

JULY 20, 2024

Before heading toward the trends, let’s have a look at some statistics related to Generative AI’s market size and its predictions for the future: Statistics on Generative AI’s Market Size The Generative AI market is expected to grow exponentially between 2023 and 2030. dollars, nearly double the size of 2022.

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NVIDIA

MAY 28, 2023

Generative AI is rapidly ushering in a new era of computing for productivity, content creation, gaming and more. When optimized for GeForce RTX and NVIDIA RTX GPUs, which offer up to 1,400 Tensor TFLOPS for AI inferencing, generative AI models can run up to 5x faster than on competing devices.

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ODSC - Open Data Science

OCTOBER 26, 2023

Well according to the blog released by NVIDIA , with the integration of DGX Cloud and NVIDIA AI Enterprise, OCI customers can now enjoy utilizing NVIDIA’s AI supercomputing platform and software, all while using their existing cloud credits. Now if this will accelerate the development of more AI applications is yet to be seen.

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NVIDIA

DECEMBER 11, 2023

AI alone could contribute more than $15 trillion to the global economy by 2030, according to PwC. And if you’re working in AI and accelerated computing right now, NVIDIA stands ready to help. Databricks offers an industry-leading data platform for machine learning, while Cohere provides enterprise automation through AI.

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AssemblyAI

OCTOBER 10, 2023

The speech and voice recognition market is expected to grow to nearly $60 billion by 2030 , thanks to recent advances in AI research that have made speech recognition models more accurate, accessible, and affordable than ever before. 

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AssemblyAI

DECEMBER 18, 2023

Artificial Intelligence like Speech AI is part of that ecosystem more and more: AI can automate repetitive tasks, help predict student outcomes, and generate educational content. The global AI in education market size was valued at $1.82 How can businesses use AI for education successfully and responsibly?

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IBM Journey to AI blog

JULY 11, 2023

According to Statista , the artificial intelligence (AI) healthcare market, valued at $11 billion in 2021, is projected to be worth $187 billion in 2030. In some instances, such as identifying cardiomegaly in chest X-rays, they found that a hybrid human-AI model produced the best results.

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IBM Journey to AI blog

FEBRUARY 23, 2024

The value of conversational AI According to Allied market research (link resides outside IBM.com), the conversational AI market is projected to reach USD 32.6 billion by 2030. Ensuring fairness and inclusivity in conversational AI is crucial.

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