Spending on data centre systems expected to boom this year
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Worldwide IT spending will total $5.26 trillion in 2024, an increase of 7.5% from 2023, according to new forecast by market research firm Gartner. Thanks to the focus on GenAI,
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Paris Games leading to boom in cybersecurity spending
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Unprecedented level of threats will be launched during the Paris Olympic Games that open later this month. There will be a variety of financial and political motives targeting not only
More firms think AI use will be positive and not negative for jobs
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Over 40% of firms expect that using AI will have a positive impact on turnover, profits, training and resilience. About 22% expect a positive impact on employment compared to 13%
AI technologies driving security budgets 2024
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GenAI and other AI technologies are contributing to increased security budgets in 2024. “GenAI brings pressure to increase cybersecurity budgets on two fronts: to secure an organisation’s development and use
Researchers warn that AI can create a “digital afterlife industry”
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There is a need to prevent that we get a “digital afterlife industry” using AI to offer fake conversations with lost ones, researchers at Cambridge university say in a report.
Studies show AI use makes staff drink more and feel lonely
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Employees who use AI as a core part of their jobs feel lonelier, drink more, and suffer from insomnia more than employees who don’t. These are conclusions from four studies that
Users expecting genAI to lead to higher salaries
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Half (49%) of all users expect genAI to lead to higher salaries – an expectation that’s even higher (76%) among employees who use the technology daily. More than 70% of
Dramatic increase in VC funding for AI startups
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AI media generation startups got close to 90% more venture capital (VC) funding in the first quarter this year. While big tech giants are making content generation a cornerstone of
HR reporting cost cutting by using genAI tools
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Business’s expectations for genAI’s impact remain as high as they were last year, with three-quarters predicting that it will lead to significant or disruptive change in their industries in the
Investors warning about sky high valuation of AI companies
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When it comes to valuations, AI is in a class of its own. But some investors warn about the sustainability of sky high valuation of AI companies, financial data company