The global computational arms race has augmented the technologies far and wide, bolstering their capabilities, and opening up a plethora of possibilities for companies across industries. FinTech is no exception to this, specifically when narrowing our focus toward artificial intelligence (AI). Global AI in the Fintech market was estimated at USD 6.67 billion in 2019 […]
Artificial Intelligence
Since the outbreak of the Coronavirus, educational systems across the world have been affected. According to Statista, over a billion students worldwide were unable to attend school or university due to closures initiated by public health authorities in response to the pandemic. The unprecedented shift to remote learning intensified the pressure on educational institutions, who […]
5G, artificial intelligence (AI) and the internet of things (IOT) amongst others are integral parts of the new world, as countries sharpen their focus on the latest technologies to digitize their institutions and improve quality of life for their citizens. Saudi Arabia hosted the Global AI Summit under the title “Artificial Intelligence for the Good […]
As the world slips into the second wave of the Covid-19 pandemic, industries are scrambling to find alternative ways to keep businesses afloat as consumer behavior shifts and adapts to a changing norm. As the Covid-19 era hastens the advancement of many technologies, enterprises are looking at tech to help improve business. One of the […]
This year has been a roller coaster ride for the United States, from the emergence and swift spread of the Covid-19 pandemic to dreadful natural disasters, and the ongoing trade war the U.S. has been waging against China. The main headline that has dominated the news and even shaped the narrative of the U.S. presidential […]
The contributions of recent technological developments toward humanity has characterized this period in history as the best time to be alive. From advancements in the field of medicine, to construction, even reaching the service industry, we have made strides in bettering humanity’s quality of life. But there remains a lot to be done; and the […]
In light of the increasing demands for higher quality services and better customer experience, telecom operators are utilizing artificial intelligence (AI) and machine learning. AI in telecoms is a growing market and used in key areas such as network optimization, preventive maintenance, virtual assistants, robotic process automation (RPA) and chatbots. South Korea is an advancing […]
According to the Gartner 2019 Artificial Intelligence Survey, 17 percent of institutions use AI-based solutions in their HR function and another 30% will do so by 2022. The aim is for algorithms to replace human brain and decision-making for hiring, firing, scheduling and promoting. “AI will automate 1.8 million people out of work this year […]
“Artificial Intelligence offers South America a long-awaited opportunity to leapfrog toward greater levels of innovation, productivity and socio-economic progress,” Armen Ovanessoff, Principal Director, Accenture Research said. In a move to promote Chile as a digital hub in Latin America, Chinese technology giant Huawei announced it will open a second data center at the end of […]
In the race for 5G, the convergence of Artificial Intelligence (AI) is widely recognized as an essential component in supporting development across industries. AI is the capability of a computer or robot controlled by a computer to do tasks that are usually done by humans. The reason why people are encouraged to adopt AI is […]