Home Posts tagged AI (Page 67)

AI

Gitex Tech

European AI Act comes into force from August 1, 2024

World’s first comprehensive regulatory framework for AI Today, August 1, 2024, marks a historic milestone as the European Artificial Intelligence Act (AI Act) officially comes into force, establishing the world’s first comprehensive regulatory framework for artificial intelligence. The landmark legislation by the European Commission ensures that AI technologies
NEWS DESK

How Cyber Risks Have Become Business Risks

Cyber risk is business risk. Anything that threatens IT threatens the company. We have become extremely dependent upon our digital assets. As a result, business leaders need to realize the magnitude of the change. The essence of what visionaries have shared with me in the last couple of months shows how much cybersecurity is now a […]
Business

Global data centre revenue set to surpass $500 billion by 2027

Driven by AI and other technologies The data centre industry is set to experience an extraordinary surge in revenue, with projections indicating that global revenue will exceed $500 billion by 2027. This forecast underscores the sector’s remarkable trajectory, driven by advancements in artificial intelligence (AI) and other technological developments. According to Edith
NEWS DESK

Canva to Acquire Generative AI Platform Leonardo.AI to Bring Leading Visual AI to Every Organization

Canva, a world leader in visual communication with more than 190 million monthly active users, today announced plans to acquire Leonardo.AI. As one of Australia’s fastest-growing startups, and a leading generative AI content and research company, Leonardo.AI is empowering millions of people to bring their ideas to life through production-quality images and videos. The
Tech

AI boom spurs growth in global cloud infrastructure sector

Amazon and Microsoft in the clear lead Despite not reaching the peaks driven by Covid-19, the global cloud infrastructure sector has evolved into a formidable industry, spurred once again by the surge in artificial intelligence (AI) technology. Amazon’s dominance through its Amazon Web Services (AWS) remains significant, although Microsoft’s Azure is