Tech giants are likely to continue expanding the application of generative AI in various fields
Read MoreTech giants advance in GenAI with multi-faceted approach
Tag: GlobalData
Global AI revenue expected to reach $383 billion by 2030
The global artificial intelligence (AI) revenue is forecast to grow at a CAGR of 21.4% from $81.3 billion in 2022 to reach $383.3 billion in 2030, GobalData’s latest report stated
Read MoreApple adopts a conservative hiring strategy, not layoffs
Apple has not announced any layoffs recently but is being selective in its hiring process with focus on key areas and geographies
Read MoreIndia to become global AI hub: GlobalData
An analysis of GlobalData’s Disruptor Intelligence Center highlights India’s AI adoption in terms of startup activity and mergers and acquisitions (M&A)
Read MoreCybersecurity M&A deals in APAC fell 12% in 2022
A total of 44 mergers and acquisitions (M&A) deals were announced in the cybersecurity space in APAC during 2022 compared to 50 in 2021
Read MoreVC investment in Indian startups fell 38.2% in 2022
In fact, venture capital (VC) investment in Indian startups suffered a massive 38.2% decline YoY in value terms during 2022, finds GlobalData
Read MoreWill Meta and Microsoft drive more B2B metaverse apps?
Global Data predicts companies such as Meta and Microsoft will drive more B2B metaverse applications
Read MoreEdge computing key for rapid adoption of Industry 4.0
Edge computing holds a promise to dramatically improve data processing for mission-critical applications and accelerate the adoption of Industry 4.0, according to GlobalData
Read MoreRetailers shift gears in autonomous last-mile delivery adoption
Retailers are also increasingly adopting autonomous last-mile delivery as a smart logistics service to lower delivery costs and increase productivity, finds GlobalData
Read MoreHeatwave in Europe and UK putting IT at risk with outages
Typical IT systems, experts say can get impacted by external high temperatures and tend to underperform, triggering outages of services
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