Artificial intelligence driving global GDP
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Artificial intelligence will contribute $19.9 trillion to the global economy through 2030 and drive 3.5% of global GDP in 2030, according to a forecast by International Data Corporation (IDC). The
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17% of cyberattacks forecasted to involve GenAI
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17% of cyberattacks and data leaks will by 2027 involve generative AI. Since the release of GenAI, attackers are increasingly using tools along with large language models (LLMs) to carry
Financial services expected to be biggest AI-spender
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Worldwide spending on artificial intelligence, including AI-enabled applications, infrastructure, and related IT and business services, will more than double by 2028 when it will reach $632 billion. The rapid incorporation
68% of students say AI has positive effect on their studies
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The total value of AI being used in education is estimated to reach $53.68 billion by the end of 2032. 68% of students say using AI has impacted their academic
IT sector breeding most unicorns
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The IT sector has by far the largest number of so-called unicorns – billion dollar startups. Once rare, billion-dollar startups have become commonplace. Globally, there were 1,404 active unicorns as
Strong growth forecasted for AI platforms and GenAI smartphones
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The trust in AI’s ability to drive growth and profitability in the tech business is strong, according to two new reports. The AI platforms market shows no sign of slowing
30% of GenAI projects to be abandoned next year new report predicts
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At least 30% of generative AI projects will be abandoned by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according
AI at work – optimists hope for better pay while pessimists say loneliness and insomnia
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Artificial intelligence tools are being introduced at workplaces all over the world. What will this mean for employees? Recent reports show contradicting expectations: 49% expect it will mean higher salaries
EU Commission says European tech development too slow
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EU’s tech development is too slow! It is not on track to achieve the digital objectives and targets for 2030 set in the Digital Policy Programme (DDPP), according to EU
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,