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Industry News

Artificial Intelligence Supercomputer Market Predicted Worth of $6.43 Billion by 2030

April 16th, 2024 | Industry News
AI Market graph

Marketing and consulting firm 360iResearch  (not to be confused with Intersect 360 Research) has released a report entitled “Artificial Intelligence Supercomputer Market by Component (Interconnects, Memory, Processors /Computer), Application (Academia & Research, Commercial, Government)”  The report predicts that the Global Artificial Intelligence Supercomputer Market will grow from USD 1.90 billion in 2023 to USD 6.43 […]

New Algorithm Unlocks High-Resolution Insights for Computer Vision

April 15th, 2024 | Industry News
MIT concept illustration

Imagine yourself glancing at a busy street for a few moments, then trying to sketch the scene you saw from memory. Most people could draw the rough positions of the major objects like cars, people, and crosswalks, but almost no one can draw every detail with pixel-perfect accuracy. The same is true for most modern […]

Top 5 robotics trends for 2024, according to the IFR

April 12th, 2024 | Industry News
IFR 2024 robot trends graphic

The International Federation of Robotics, or IFR, today listed its picks for the top five global robotics trends of this year. The Frankfurt, Germany-based organization attributed growing demand for automation to technological innovations. The IFR noted that the stock of operational robots around the world attained a new record of about 3.9 million units in […]

GenAI Having Major Impact on Data Culture, Survey Says

April 11th, 2024 | Industry News
AI concept illustration

In its 12th annual edition Data and AI Leadership Executive Survey, Wavestone has uncovered key findings about how GenAI is making companies more data-oriented. This year, 95.3 percent of the survey respondents included leaders from several Fortune 1000 companies, such as senior executives who hold the title of Chief Data and Analytics Officer (CDAO) or […]

Forrester’s State of AI Report Suggests a Wave of Disruption Is Coming

April 10th, 2024 | Industry News
call center AI concept

The explosive growth of generative artificial intelligence (GenAI) heralds opportunity and disruption across industries. It is transforming how we interact with technology itself. During this early phase of GenAI technology, organizations are exploring new ways to leverage this technology to unlock business value. While there is enormous promise, there are also some concerns. The 2024 […]

Robotics Factory adds five startups to its residency pilot cohort

April 9th, 2024 | Industry News
robotics factory photo

The Robotics Factory has accepted five companies to its Scale Residency program. The Innovation Works and Pittsburgh Robotics Network initiative is dedicated to creating, accelerating, and scaling robotics companies in the Pittsburgh region. The post Robotics Factory adds five startups to its residency pilot cohort appeared first on The Robot Report.

Robotics companies raised $578M in January

April 8th, 2024 | Industry News
january 2024 graph

Robotics investments totaled $578 million in January 2024 as the result of 46 funding rounds. This figure was substantially lower than the trailing twelve-month average, but in line with January 2023’s figure of $523 million.  The post Robotics companies raised $578M in January appeared first on The Robot Report.

Tech Giants Pledge to Train Millions of Workers in AI

April 5th, 2024 | Industry News
AWS Skills builder

Getting workers up to speed on the latest artificial intelligence technology has become a priority for many of the world’s top companies. That includes the tech giants, which recently have announced new AI training and education initiatives aimed at getting workers ready to build AI apps and use AI tools in the workplace. The best […]

Gecko Robotics, Rho Impact study how robots and AI could improve sustainability

April 4th, 2024 | Industry News
Robotics, data, and AI promise to help both sustainability and profitability

Robots and artificial intelligence have a significant role to play in maintaining crumbling infrastructure — and they could help bring about a zero-carbon economy while they’re at it. That’s the conclusion of a new report by Gecko Robotics and Rho Impact, which studied how these technologies could reduce the environmental impact of critical infrastructure by bringing […]

EU Member States Commit to Cooperating on World-Class Quantum Tech

April 3rd, 2024 | Industry News
europe concept

Twenty one EU Member States have now joined the European efforts to make Europe the “quantum valley” of the world by signing the European declaration on quantum technologies during a conference organised today by the Belgian Presidency of the Council of the EU. The post EU Member States Commit to Cooperating on World-Class Quantum Tech […]