artificial intelligence

artificial intelligence
IDC Says Companies Will Spend $342B On AI Solutions For Digital-First Economy
August 04, 2021

The artificial intelligence (AI) market is booming these days, with companies forecasted to spend hundreds of billions of dollars on AI solutions for a more digitally focused world. Revenue for the market is expected to grow 15.2 percent year over year in 2021, which will...

artificial intelligence
EU’s AI Law Will Have ‘Chilling’ $36B Impact, Study Says
July 26, 2021

New legislation in Europe aimed at regulating the use of artificial intelligence (AI) could cost the region’s economy $36 billion (or 31 billion euros) over the next five years, a report from the Center for Data Innovation concludes. The law in question is the European...