How deep tech can create 1 million European jobs
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By investing in deep-tech business, Europe’s start-up ecosystem could create $1 trillion in enterprise value and up to one million jobs by 2030, consultancy McKinsey says in a report. Market
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Unprecedented AI growth
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The global AI infrastructure market is on track for unprecedented growth reaching $758 billion USD in spending by 2029. Companies increased spending on compute and storage hardware infrastructure for AI
Using AI saves a full working day per week
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Employees who use artificial intelligence (AI) are saving the equivalent of a full working day every week, according to new research from London School of Economics and Political Science (LSE).
Agentic AI access exceeding market demand
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Supply of agentic AI models, platforms and products already far exceeds demand which will result in consolidation and market correction. The losers of consolidation will be undifferentiated AI companies and
AI spending booming but who’s using it
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Worldwide spending on AI will reach close to $1.5 trillion in 2025 and $2 trillion next year, led in large part by AI being integrated into products such as smartphones
More concern than excitement about AI use
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Artificial intelligence is estimated to offer huge possibilities and the biggest US companies have spent $155 billion on AI development. But a new survey shows that Americans are much more
Agentic AI dominating budget expansion
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The focus on AI will likely divert funding in other tech areas. Spending on IT, such as servers and storage, which are not related to AI, will be driven by
Focus changing from generative AI to AI agents
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AI investment remains strong with a gradual change of focus from generative AI (GenAI) toward AI-ready data and AI agents, according to a report from market research firm Gartner. “A
Researchers say don’t forbid smartphones at school
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Teacher and parents were wrong! Kids were right” Using smartphones at school should not be banned, new research shows. When teachers actively integrate smartphones into lessons, they can enhance learning
AI driving IT spending despite global uncertainty
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Worldwide IT spending 2025 will total $5.43 trillion in 2025, an increase of 7.9% from 2024. AI-related infrastructure, such as data centre systems, will surge while both software and services