Bain & Co. predicts that the global market for artificial intelligence-related products, which is currently on an active growth trajectory, will reach as much as $990 billion in financial volume by 2027, as the rapid adoption of this technology, according to the company’s experts, disrupts firms and economies.
Meta has announced Quest 3S, a virtual reality headset that was developed by the unit specialists of this technology giant called Reality Labs and differs from its predecessor product in a similar functional orientation at a more affordable price.
OpenAI chief technology officer Mira Murati is leaving this startup, which is the latest high-profile departure from the company that developed the world’s most popular chatbot called ChatGPT.
The media, citing knowledgeable insiders, report that the startup Wiz Inc., which operates in the cybersecurity area, is currently in discussions regarding the sale of existing shares at a valuation of up to $20 billion.
Technology giant Microsoft on Tuesday, September 24, announced its intention to invest $1.3 billion to build up its infrastructure for cloud computing and artificial intelligence in Mexico over the next three years.
Collaboration software maker Smartsheet announced on Tuesday, September 24 that Blackstone and Vista Equity Partners would acquire it.
Google reported that its generative artificial intelligence model called Gemini is currently used by more than 2 million developers.
The media reports that the startup Phacet, which operates in the space of the artificial intelligence industry, managed to raise investment funds for $4.4 million.
Currently, in the Middle East, sovereign wealth funds, through their specific financial actions, demonstrate a clear and unambiguous desire to become the main sponsors of Silicon Valley in the area of developments related to artificial intelligence.
The media reports that Perplexity AI is currently planning a new advertising model for its search engine, which operates based on artificial intelligence.
In China, the local semiconductor industry is gradually promoting homegrown lithography tools following the specifications published by the central government of the Asian country, but analysts through the prism of skeptical perception assess the quality level of this movement forward, noting in an appropriate context that Beijing has yet to make a kind of breakthrough […]
South Korea’s Samsung Display Co. intends to invest $1.8 billion in a project to build a factory in the northern part of Vietnam.
Artificial intelligence (AI) has transformed the way we do business and sell merchandise. The technology does not only optimise the paperwork for e-commerce but also can autonomously promote brand products. Virtual influencers went viral in China first and are quickly gaining popularity in other markets, with India being one of the prominent examples.
The European second-top court on Wednesday, September 18, basically confirmed the EU antitrust fine against the US chip manufacturer Qualcomm.
The Chinese company Alibaba on Thursday, September 19, presented more than 100 new models of artificial intelligence with open-source code.
Microsoft announced that the company’s board of directors has approved a new share buyback program worth up to $60 billion.
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