AI in a post-pandemic economy

Image Credit: Getty Images
  • “The AI in a Post-COVID-19 World report by GBSN Research recently found that three-quarters of business leaders have a positive outlook on AI and expect it will not only make processes more efficient but will also help create new products, services, and business models.
  • This is backed up by another report from management solutions provider OneStream, which found that the use of AI tools like machine learning has jumped from about 20% of enterprises in 2020 to nearly 60% in 2021.”

https://www.google.com/amp/s/venturebeat.com/2021/05/28/ai-in-a-post-pandemic-economy/amp/

Indy 500 attendees can shop and go at autonomous pop-up

  • “A computer vision-enabled ‘NanoStore’ is speeding up the process of purchasing snacks, beverages and merchandise at this year’s Indianapolis 500 auto race.
  • Artificial intelligence (AI)-based autonomous technology provider AiFi is partnering with Verizon Business and Penske Entertainment to operate a customizable, portable “NanoStore” at the 2021 Indianapolis 500.
  • The currently open pop-up store uses AiFi computer vision technology and the Verizon 5G Ultra Wideband network to offer a ‘just walk out’ shopping experience.”

https://chainstoreage.com/indy-500-attendees-can-shop-and-go-autonomous-pop

How Nvidia plans to own the data center with AI – SiliconANGLE

  • “Nvidia Corp. wants to transform enterprise computing completely by making data centers run 10 times faster at one-10th the cost.
  • There is only a handful of megaclouds, but there are lots of data centers. Even though the number of data centers worldwide is consolidating, there are still more than 7 million, according to IDC.”

https://siliconangle.com/2021/05/29/nvidia-plans-data-center-ai/

Graphs as a foundational technology stack: Analytics, AI, and hardware

Image Credit: Getty Images
  • “According to Eifrem, Gartner analysts are seeing explosive growth in demand for graph. Back in 2018, about 5% of Gartner’s inquiries on AI and machine learning were about graphs. In 2019, that jumped to 20%. From 2020 until today, 50% of inquiries are about graphs.
  • Google’s PageRank is probably the best-known graph algorithm, helping score web page authority.”

https://www.google.com/amp/s/venturebeat.com/2021/05/28/graphs-as-a-foundational-technology-stack-analytics-ai-and-hardware/amp/

Bank Use Of AI To Manage Credit Risk Tripled In The Last Three Years

  • “The study, which is based on a survey of 100 FI executives, specifically focuses on how banks are using artificial intelligence (AI) in these key areas and how they view its potential.
  • The use of AI systems has increased threefold, from approximately 5 percent of FIs overall that reported using them in 2018 to 16 percent in 2021.
  • Large banks have so far spearheaded adoption, with 79 percent of banks with more than $100 billion in assets employing it.”

https://www.google.com/amp/s/www.pymnts.com/news/artificial-intelligence/2021/new-report-bank-use-of-ai-to-manage-credit-risk-tripled-in-the-last-three-years/amp/