In 2023, emerging tech trends like AI, blockchain, and the metaverse will profoundly shape our world. Artificial intelligence will enhance business processes, while digital twin technology will blend the digital and physical realms. Innovations in gene editing and quantum computing promise transformative potential, driven by a push towards sustainability and autonomous systems. Awareness of these … Read more
2023 saw remarkable advancements in technology, particularly in artificial intelligence, which dominated discussions about the future of work and skills. The Top 10 Emerging Technologies report highlighted innovations like sustainable aviation fuel, while governance of AI gained international attention. The metaverse remained relevant as a potential trust builder in digital space, with 100 new tech … Read more
Lightning AI has raised $50 million to advance its PyTorch Lightning framework, boosting total funding to $103 million. Backed by investors like Cisco and Nvidia, the platform simplifies machine learning for enterprises, boasting 240,000 users. With enterprise AI spending surging due to increased adoption of generative AI, Lightning AI is well-positioned to meet the growing … Read more
As we enter 2024, digital transformation is set to prioritize AI integration, cost containment, and change management. EY’s key insights indicate that leaders will dissect initiatives into manageable parts while leveraging technology platforms to enhance efficiency. With an uncertain economic environment, organizations will intensify focus on agile methods and effective resource management to thrive amidst … Read more
In 2024, big data will drive significant changes across organizations as they adapt to advanced analytics, generative AI, and diverse data sources. Key trends include the evolution of AI and machine learning for better data insights, the rise of edge computing to handle unstructured data, the shift towards cloud storage and data lakes, and an … Read more
In October, five startups—Fable, Carbon Robotics, CorPower Ocean, Molg, and ForceMetrics—garnered significant funding to enhance accessibility, revolutionize agriculture, harness ocean energy, tackle e-waste, and improve emergency responses, showcasing a myriad of innovative solutions to pressing societal challenges. In the vibrant universe of startups, October showcased a diverse array of innovation, spotlighting five remarkable funding deals … Read more
The tech landscape of 2024 is driven by advancements like AI, 5G, and IoT, with startups needing to adapt and align their strategies to capitalize on growth opportunities. As challenges in cybersecurity and regulatory frameworks increase, agility and foresight will be crucial for success. Ultimately, during this transformative era, startups can emerge as innovators and … Read more
ASML Holding has seen its stock decline despite a thriving semiconductor sector, yet recent management insights post-Investor Day underscore robust AI-driven growth as a key future driver. With confirmation of long-term targets and positive revenue forecasts spurred by emerging technologies, ASML reveals an investment opportunity amid short-term market challenges, making it an appealing option for … Read more
The Artificial Intelligence Chipsets market is projected to grow from $70.3 billion in 2023 to $291.8 billion by 2030, fueled by AI adoption across industries. Key drivers include the need for high-performance processing, energy efficiency, and the rise of edge computing. Major players like AMD and Google are innovating specialized AI hardware to meet growing … Read more
In 2024, the tech industry sees a surge in demand for specialized leadership roles due to the rise of AI and growing cyber threats. Roles such as Chief AI Officer, cybersecurity leaders, IT managers, and Software Engineering Managers are crucial, commanding high salaries while using their expertise to guide companies through innovation and security challenges. … Read more