Chinese technology giant Tencent Holdings announced on Friday a new strategic partnership with smartphone maker Honor for cloud computing and artificial intelligence (AI), giving a boost to a domestic rival to Apple, which has yet to settle on a partner to launch AI on iPhones in the country. Shenzhen-based Tencent said in a post on … Read more
The tech race is on, and Europe is falling behind. In seven of the eight critical technologies that will shape the future – from space tech to quantum computing – we lag other economies. Targets for big data, artificial intelligence (AI) and cloud adoption are slipping out of reach. Our GDP growth has stagnated while … Read more
— Q: Only 8 percent of European companies currently use AI, according to a report published in July. How do you want to reach the target of 75 percent by 2030? — Q: President von der Leyen instructed you to develop a “Cloud and AI development plan” to boost computing power and data storage to … Read more
It’s important civil servants “know what ‘good’ looks like,” said Robyn Scott, founder of Apolitical, a learning platform for public officials. “Because there are a lot of great companies out there … and there are a lot of snake oil salesmen.” Greasing the wheels of government Right now, AI isn’t widely used across government. The … Read more
US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial intelligence will fill coffers or drain them. While it is important to stay on the cutting edge by investing in AI, the market wants financial engines of tech firms going strong to pay for it, according to analysts. Apple … Read more
However, building and managing this data infrastructure is being positioned by some as a daunting task for businesses in the EU and globally. It does not need to be. The essentials: what makes a digital label Digital labels unlock supply chain transparency and circularity while simplifying DPP compliance for consumer brands across sectors such as … Read more
New Delhi: Data cloud company Snowflake, on Wednesday, announced that e-commerce enablement platform Shiprocket has successfully deployed its artificial intelligence (AI) Data Cloud, which will empower 1.5 lakh Indian merchants providing faster access to data to allow businesses to make data-driven decisions quickly, gaining a competitive edge. This will also empower Shiprocket to streamline data … Read more
New Delhi: The shared (public) cloud infrastructure market reached $26.3 billion in the first quarter of this year globally, up 43.9 per cent compared to a year ago, according to a new report. The shared (public) cloud infrastructure is expected to grow 30.4 per cent (year-over-year) to $108.3 billion for the full year, according to … Read more
Vestager warned that artificial intelligence is “developing at breakneck speed.” She said they have “a number of other preliminary antitrust investigations ongoing into various practices in AI-related markets,” without giving any details. “We cannot just sit back and see how things pan out,” she said. “Now is the time to act. Strong competition enforcement is … Read more
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