AI in Europe heats up as banks increase investment
European banks are playing a growing role in driving AI startup investment, according to new data from AI benchmarking and intelligence platform Evident.
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European banks are playing a growing role in driving AI startup investment, according to new data from AI benchmarking and intelligence platform Evident.
The digital revolution has disrupted nearly every industry, and manufacturing is no exception. With advancements in artificial intelligence (AI) and the Internet of Things (IoT), the manufacturing sector is undergoing a transformative shift, unlocking new possibilities, and redefining traditional processes. Before we dive deep into the topic it’s important to understand what digital manufacturing is. Digital manufacturing refers to the integration of digital technologies into the manufacturing process, encompassing everything from design and prototyping to production and distribution. AI and IoT play a crucial role in this transformation by providing manufacturers with valuable insights, automation capabilities, and real time data.
In response to Proximity Data Centre’s e-book, Glide’s CTO, Sean Lowry explores the impact of low latency on gaming, the Metaverse, and AI. He explains how dark fibre and Glide’s “Fibre Cities” are primed to support the evolving needs of edge data centres and seamless connectivity.
The launch of Chat GPT-4 in March of this year provided the catalyst for a conversation that has been gaining momentum for some time now: How will artificial intelligence (AI) change the world?
A key retail tech approach for 2023 is clienteling, which uses AI to offer customers the best of both worlds – the human touch coupled with the most personalised digital experiences. It means the establishment of long-term relationships with shoppers by using customer data that provides real-time insight into their preferences, behaviours, and purchases. This strengthens the bond between retailer and shopper, enhances the customer experience, and encourages them to return to the store.
As an AI language model, ChatGPT is a unique product with no direct competitors. However, there are several other companies…
Can Artificial Intelligence Deliver Real Value Today?
AI is in its infancy, but the early shoots of growth hold great promise for the industry. According to the Boston Consulting Group, although 59% of organisations have developed an AI strategy, and 57% have carried out pilot projects in the area, only 11% have seen any kind of return from AI. That said, the potential is vast; some sources estimate that the size of the global AI market could increase tenfold from $15bn (2021) to $150bn by 2028, and in the UK, expenditure on AI technologies could reach £83bn by 2040, from £16.7bn in 2020.
Whatever the application, most AI projects usually start as small, experimental tests hosted on a server in-house, and eventually graduate to cloud environments, where their uptime, security, scalability and maintenance can be assured. However, this migration is often the most difficult and painful.
Guanchun Wang, Chairman and CEO
of Laiye shares how artificial intelligence can help fix stagnant UK productivity.
Ahsan Zafeer covers topics related to tech and digital marketing and tweets @AhsanZafeer. Here he explains people’s fears as to why machines are taking over their jobs.
Simon Walker, Managing Partner at Kubrick, shares how to tackle the digital skills gap.
BT’s new Partner Advisory Board will help accelerate digital transformation among UK businesses
Jean-Denis Garo, Head of Product Marketing, Odigo shares how 3 out of 4 of European businesses have invested in AI for CX
Lyndon Hedderly, Principle Business Value Consultant at Confluent, explains how to enhance ETL by tuning to real-time data.
Charlie Shuter, Senior Engineer at DeGould shares the importance of an all-encompassing approach for OEMs.
Patrick Shelly, Manager, Solutions Engineering at The Qt Company talks about innovation and investment in connect vehicles.
James Crayton, Head of Commercial, Walker Morris explores why AI is effects peoples lives.
Faramarz Farhoodi, CEO of AI Nexus Healthcare explores tech advances in healthcare.
Philip van der Wilt, VP & General Manager, EMEA, Samsara explains the adoption of AI in physical operations and how it is gathering pace.
Aleksandras Šulženko, Product Owner at Oxylabs.io talks to us about reinforcement learning and whether it is overhyped.
“Now more than ever, CPOs are planning ahead – looking into the technology available on the market that can help them to direct their teams to operate in a more agile manner and optimise the sourcing process.”