The global market for Artificial Intelligence Model Risk Management is projected to soar from $6.7 billion in 2024 to $13.6 billion by 2030, growing at a CAGR of 12.6%. Drivers of this growth include technological advancements, growing regulatory concerns, and the complex nature of AI models. AI solutions in MRM are increasingly essential for compliance, … Read more
The Generative AI Coding Assistants market is projected to grow significantly from $25.9 million in 2024 to $97.9 million by 2030, fueled by automation demands and advancements in AI technology. These tools support both startups and enterprises by enhancing development speed and efficiency, while also catering to the evolving needs of today’s developers. Key growth … Read more
SAP SE has donated $2 million to establish the Hasso Plattner Endowed Chair in Artificial Intelligence at UC Irvine. This funding will enhance AI education, foster research, and build industry partnerships while preparing students for careers in technology. The initiative aligns with UC Irvine’s Brilliant Future campaign aimed at elevating university excellence. In a significant … Read more
This week in the crypto market, Bitcoin dropped below $98K due to the DeepSeek AI app’s rise. MicroStrategy acquired more Bitcoin, bringing its total to over 461K BTC. Kraken will delist USDT in Europe amidst regulatory changes. Ripple’s XRP excelled with significant inflows, while Tether remains profitable despite challenges. Predictions of further Bitcoin drops emerge, … Read more
Bitcoin’s price surged beyond $90,000 this week, driven by optimism from President Trump’s planned crypto reserve announcement. Experts project potential growth up to $500,000, with anticipation surrounding upcoming discussions on digital assets. However, some analysts caution about initial fluctuations in Bitcoin’s value influenced by dollar trends, yet suggest long-term growth ahead. Bitcoin’s price has surged … Read more
Notable scientific breakthroughs in 2024 include an Alzheimer’s drug approval in Europe, advancements in HIV treatment with Lenacapavir, weight loss drugs that combat other health issues, proteins designed using AI, historic lunar explorations, and new insights in predator-prey relationships in nature. 2024 has been a monumental year for scientific breakthroughs across various fields. A key … Read more
Researchers are beginning to view AI hallucinations as valuable tools, with David Baker attributing his Nobel Prize-winning research to these anomalies. His insights highlight a transformative relationship between artificial intelligence and innovative scientific breakthroughs. In the realm of artificial intelligence, hallucinatory outputs usually draw skepticism; however, for researchers, these phenomena can offer unexpected treasures. The … Read more
KULR Technology Group predicts Bitcoin could soar to $200,000 by 2025 following a $21 million purchase made during a dip. The surge is linked to rising adoption from nations considering Bitcoin as a reserve asset. However, market factors including regulations and Federal Reserve policies will heavily influence this price trajectory. KULR Technology Group has made … Read more
The artificial intelligence in genomics market is essential for drug development and improving genomic data analysis, driven by a rise in chronic diseases and personalized medicine demand. While North America leads the market due to increased R&D, challenges such as a skills gap may hinder growth. Key players include AI Therapeutics and BenevolentAI, with market … Read more
The Europe Artificial Intelligence Market is projected to grow from USD 28.6 billion in 2024 to USD 202.0 billion by 2033, marking a 24.3% growth rate from 2025-2033. Driven by government support, private investments, and the demand for automation, key sectors such as healthcare and automotive are rapidly adopting AI technologies. Challenges remain, but the … Read more