During the forecast period, cybersecurity in the robotics market is anticipated to grow at a consistent CAGR of 11.7%. In 2023, the market is projected to generate $3.8 billion in sales, and by 2033, it is predicted to reach $11.6…
UK Chancellor: AI crucial for UK’s international ‘Growth Challenge’
Chancellor Jeremy Hunt has urged the UK to ‘win the race’ for AI development in order to lead the UK’s international ‘growth challenge’, otherwise Britain will be left behind in this innovative area. Speaking at the Politico TechUK launch event…
Cloud increasingly influential in delivering AI and machine learning projects
New research from the Cloud Industry Forum (CIF) has found that while 62% of organisations are still in the process of migrating applications to the Cloud, 14% have now completed this process and are using Cloud to help develop their…
Fujitsu launches its AI platform ‘Fujitsu Kozuchi’
At its Fujitsu Activate Now Technology Summit in Madrid, Fujitsu unveiled a new platform, the ‘Fujitsu Kozuchi AI platform,’ delivering access to a range of powerful AI and ML technologies to commercial users globally. The new platform enables customers from…
AI-powered AgriTech to transform pesticide use
John Deere has created a new device that it claims can reduce herbicide use by two thirds through the use of cameras and AI. This marks the blossoming of the company’s earlier efforts to incorporate tech into its products to…
AI technologies set to bring In $208 billion in 2023
Artificial Intelligence is the latest buzzword in the tech industry. With the ever-increasing popularity of the chat engine ChatGPT, AI has become popular in normal households. According to the numbers presented by SafeBettingSites.com, the AI market size is set to…
Energy security is most exciting area of IoT technology development
Energy security tops the list of the ‘most exciting’ areas of smart utility development, ahead of climate-related and disaster management technologies. This is according to a recent survey among senior professionals at US utility companies, and interviews at one of…
AI in retail market to hit $85 billion by 2033
The global AI in retail market is set to achieve a valuation of $85 billion by 2033, expanding at a noteworthy 30.3% CAGR from 2023 to 2033. AI in retail is ushering in a new era of how businesses track…
2023 tech trends report reveals growing interest in AI topics, driven by generative AI advancement
O’Reilly, the premier source for insight-driven learning on technology and business, has announced the findings of its annual Technology Trends for 2023 report, which examines the most sought-after technology topics consumed by the 2.8 million users on O’Reilly’s online learning…
What AI and ChatGPT mean for the retail industry
ChatGPT, the new AI-powered chatbot, is set to revolutionise the way we work. The chatbot uses natural language processing (NLP) to generate high-quality, human-like responses upon user request, making it one of the most innovative and influential AI systems to…
