The AI market in higher education is on a trajectory for remarkable growth from 2025 to 2033, driven by key players like Amazon and IBM. This growth hinges on AI’s ability to enhance learning through immediate feedback and a safe environment for experimentation. The comprehensive report explores market dynamics, segmentation, competitive analysis, and customization opportunities … Read more
The Bipartisan House Task Force on Artificial Intelligence released a report in December 2024 discussing 66 findings and 85 recommendations for responsible AI integration, particularly in auto finance. Key principles include promoting AI innovation, safeguarding against risks, and recognizing sector-specific regulations. The auto finance industry can benefit from AI-driven efficiencies, compliance enhancements, and improved customer … Read more
The AI services market is set to grow from $26.15 billion in 2024 to $197.68 billion by 2029, reflecting a CAGR of 51.0%. Key growth drivers include AI’s adoption in healthcare, significant investments from tech giants, and increasing emphasis on ethical AI practices. The market segmentation ranges across several domains including technology types, application areas, … Read more
India’s government is expanding its use of artificial intelligence across multiple departments to enhance public services. Key initiatives include chatbots for consumer assistance, AI analytics for wildlife monitoring, and fraud detection systems. The success of these projects depends on effective implementation and leveraging multilingual capabilities, with an emphasis on making technology accessible to all citizens. … Read more
On December 3, 2024, Dr. Tess Skyrme will host a webinar on the upcoming innovations in wearable technology, focusing on sensor advancements, flexible batteries, and medical wearables. The session will cover current industry trends and insights from IDTechEx’s research, alongside the prominent report on wearable technology forecasts spanning the next decade. Join us for a … Read more
AI is revolutionizing the travel industry by providing personalized experiences, optimizing dynamic pricing, and facilitating customer service through smart assistants. Companies like KAYAK leverage advanced algorithms to enhance user interactions, while dynamic pricing tools help businesses adjust rates based on real-time data. AI chatbots offer 24/7 support, streamlining services and improving traveler satisfaction. The evolution … Read more
A new study from WSU reveals that using the term “artificial intelligence” in product descriptions often reduces consumer purchase intentions. Emotional trust declines when AI is mentioned, especially for high-risk products. Researchers recommend businesses focus on product benefits instead of AI jargon to boost sales. In a revealing study by Washington State University, researchers found … Read more
Deconstruct has raised Rs 65 crore from L’Oréal’s BOLD fund, V3 Ventures, and DSG Consumer Partners. This investment will help expand their product range, enhance innovation, and improve distribution networks, especially on quick commerce platforms. Founder Malini Adapureddy highlighted their mission to support beginners in skincare journeys across India, ensuring effective and gentle products are … Read more
The AI/Machine Learning Medical Device Market is forecasted to surpass USD 26.87 billion by 2031, driven by advancements in technology and investment in healthcare AI. The demand surged post-COVID-19, facilitating greater research and development of AI products. North America leads the market, while regulatory challenges and cybersecurity concerns create potential hurdles amidst continuous innovation. The … Read more
In 2024, the IFR identifies key trends in robotics, including the rise of AI-driven automation, collaborative robots, mobile manipulators for material handling, digital twin technology for performance optimization, and humanoid robots integrating into human environments. These developments reflect the growing demand for automation and innovative solutions to labor shortages. The International Federation of Robotics (IFR) … Read more