Decoding AI: Unveiling the Future of Machine Intelligence
As inform the customers before setting foot in stores, the landscape of retail is rapidly evolving. A notable study by the Institute for Retail Research (IFH) revealed a significant digital trend: In 2022, a majority of German consumers – 64 percent – researched products and prices online prior to in-store purchases, marking an increase from 58 percent two years earlier.… Read the rest
In a strategic move towards strengthening its artificial intelligence (AI) competencies, the president of LG Uplus, Hwang Hyeon-sik, has engaged in a high-level talent recruitment drive. On March 13th, at the prestigious Four Seasons Hotel in Silicon Valley, Hwang hosted an event that collected a distinguished cohort of AI experts and doctoral candidates from prominent universities like Stanford and Georgia Tech.… Read the rest
Amidst the dazzling progression of generative artificial intelligence, technology titans Microsoft and OpenAI set off a frantic race in the sector last year, promptly followed by Google. These giants now spearhead this critical arena with increasingly efficient models. Meanwhile, Amazon, through its cloud arm AWS, demonstrates its agility and determination to match pace in this transformative industrial wave.… Read the rest
Adrien Hug-Korda, a specialist in digital trust and compliance at the hybrid consulting firm Converteo, has shed light on the current objectives and challenges outlined in the French Commission on Artificial Intelligence’s report, titled “AI: Our Ambition for France.” The commission, inaugurated at the end of 2023 under the leadership of Madame Borne, is tasked with outlining strategic avenues for the French government’s investment in AI.… Read the rest
In an era where artificial intelligence is rapidly reshaping the landscape of various industries, Microsoft’s co-founder Bill Gates recently offered insights into the future of the workforce. He identified three professions that are likely to remain secure in the face of advancing AI technology.… Read the rest
In a significant move aimed at enhancing Greece’s digital landscape, Google has launched an ambitious Artificial Intelligence (AI) Skilling Initiative. The initiative, unveiled on April 11, is designed to accelerate digital transition across the country by equipping individuals with critical AI skills.… Read the rest
In an era increasingly shaped by digital innovation, German businesses are setting their sights on the transformative potential of generative AI. With its multifaceted capabilities, generative AI is poised to become a major driver in the retooling of industries across Germany.… Read the rest
Hanwha Life Insurance has leveraged Artificial Intelligence Optical Character Recognition (AI OCR) technology to revolutionize its insurance products. By meticulously analyzing approximately 5 million insurance claim documents from the past three years, Hanwha Life has derived significant insights that informed the launch of a specialized rider for critical illnesses, with an emphasis on the three major cancers – stomach, liver, and lung.… Read the rest
Artificial Intelligence (AI) has taken the investment world by storm. Whereas investors have traditionally seen it merely as a supplementary asset in their portfolios, the burgeoning sector offers much more tangible benefits for those looking to diversify their investments. Central to the appeal are leading semiconductor manufacturers, such as Nvidia and TSMC, who have been at the forefront of AI technology advancements.… Read the rest
As the world becomes increasingly digitized, artificial intelligence (AI) has emerged as a cornerstone of technological advancement. However, alongside its many benefits, AI’s rapid development has led to alarms being raised about its significant energy consumption. The urgency of this issue can no longer be overlooked as AI systems require substantial computational power, which in turn, translates to a higher energy draw.… Read the rest