“The acceleration in AI application, machine learning, and converging use cases for all communications tech has created a situation where the entry-portal to the emerging metaverse is already here. iOS15, previewed this week at the WWDC2021 is rolling out literally dozens of new features, many based on machine learning, neural networks and AI that propose…
Tag: AI
Industrial AI pioneer C3.ai partners with analytics upstart Snowflake
“C3.ai, the twelve-year-old Silicon Valley startup that is bringing machine learning forms of AI to various industries such as oil and gas, on Wednesday said it is partnering with data analytics upstart Snowflake, the cloud-based vendor of data warehouses and other wares.” https://www.google.com/amp/s/www.zdnet.com/google-amp/article/industrial-ai-pioneer-c3-ai-partners-with-analytics-upstart-snowflake/
The pandemic led to ‘significant’ increase in AI adoption across manufacturing, survey finds
“According to a survey of senior executives at over 1,000 companies, two-thirds of manufacturers that use AI in their day-to-day operations report that their reliance on AI is increasing, with 74% claiming that they align with the changing work landscape. According to a 2020 PricewaterhouseCoopers survey, companies in manufacturing expect efficiency gains over the next…
AI startup investment is on pace for a record year
“Per a Signal AI survey of 1,000 C-level executives, nearly 92% thought that companies should lean on AI to improve their decision-making processes. And 79% of respondents said that companies are already doing so.” AI startup investment is on pace for a record year
PYMNTS Data Brief: 88 Pct Of FIs Turn To AI For Post-Pandemic Credit Decisioning
“Credit risk decisioning is being called out as the biggest challenge facing banks and financial institutions (FIs) in a time of rebuilding. Banks and FIs have tripled their use of artificial intelligence (AI) in this area since 2018, and it’s ramping up more intensely now. As the Playbook notes, ‘A large majority of banks have…