What is the electric vehicle market scenario in South Korea?

According to Statista, the electric vehicle market in South Korea is growing rapidly with a projection of 7.53% between 2023 and 2028, resulting in a market volume of US$13.19bn in 2028. The market in South Korea is predicted to be expanding due to industry innovation, technological improvements, and government subsidies. The electric car market in South Korea is further expected to grow at a CAGR … Continue reading What is the electric vehicle market scenario in South Korea?

Why another AI is important in recent days?

One type of AI, NLP (natural language processing), deals with the interaction between computers and human language. NLP systems can understand and process human language and are used in a variety of tasks, such as translation, speech recognition, and text analysis. One of the more complex fields of research is NLP, which is not without its challenges. One of the greatest challenges is that human … Continue reading Why another AI is important in recent days?

Why Machine Learning is important?

One type of AI, machine learning, allows systems to learn from data without being explicitly programmed. The patterns in the data can be identified by machine learning algorithms and used to make correct predictions or decisions. The two main types of machine learning are supervised learning and unsupervised learning. Supervised learning is when the machine learning algorithm is working with labeled data, meaning the data … Continue reading Why Machine Learning is important?

What are some of the recent AI insights?

Some of the recent AI insights are:- The insights also suggest that AI is becoming increasingly important in businesses and organizations looking for ways to create value effectively. The focus is on innovations expected to drive high or even transformational benefits, such as composite AI, decision intelligence, and edge AI. Companies with AI are also leaders and have a competitive advantage. Source: Mckinsey, State of … Continue reading What are some of the recent AI insights?

What do we know about AI technologies?

A subfield of computer science called artificial intelligence (AI) focuses on building intelligent agents—systems that can think, learn, and act on their own—and is concerned with the development of such agents. AI research has had great success in creating efficient methods for dealing with a variety of issues, from gameplay to medical diagnosis. The different AI technologies, with their strengths and weaknesses: AI technology is … Continue reading What do we know about AI technologies?

The rapid growth of the AI market

In the global market, artificial intelligence (AI) projects a market size of $428 billion in 2022 and a CAGR of 21.6% from 2023 to 2030. The market is driven by several factors, such as the increasing availability of data, the development of new AI technologies, and the growing demand for AI-powered solutions in a variety of industries. The AI market is divided by function, industry, … Continue reading The rapid growth of the AI market

Is Cloud AI an opportunity for businesses?

A powerful technology, artificial intelligence, is rapidly transforming business across several industries. One of the key advancements associated with this powerful technology is its ability to leverage AI capabilities in the cloud. Cloud-based AI, also known as AI in the Cloud,” proposes a wide range of benefits and opportunities for businesses. The primary advantage of AI in the cloud is its scalability. Cloud platforms provide … Continue reading Is Cloud AI an opportunity for businesses?

What is the current scenario of AI investment in the German market?

In the German market, AI investment has steadily grown over the years due to various factors such as government support, corporate initiatives, and a strong focus on innovation. In 2018, one of the key drivers of AI investment by the German government was the “AI Made in Germany” strategy, aiming for Germany to be a leading AI hub. As per the strategy, the government committed … Continue reading What is the current scenario of AI investment in the German market?

What are the job market dynamics in the Age of AI in the UK?

The UK economy across various sectors was significantly impacted by Artificial intelligence. “We are entering a new world where artificial intelligence has the potential to solve complex problems, revolutionize industries, and augment human capabilities.” -Sundar Pichai. As per PwC’s report, how UK businesses can be enhanced with the value of AI, “ “ The ways AI is expected to affect the UK economy:- A significant … Continue reading What are the job market dynamics in the Age of AI in the UK?