Quantum computing market in Japan and Asia-Pacific

This strategic partnership will develop quantum computing use Mitsui and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region. Mitsui, which is committed to digital transformation, and Quantinuum, one of the world’s leading quantum computing companies, integrated across…

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AI at heart of next generation telco services

There’s a growing need for more automation in operator networks in the 5G era The COVID-19 pandemic has highlighted the necessity of end-to-end automation of more complex business processes as enterprises seek to reduce dependency on human workforce. Artificial intelligence (AI) enables enhanced automation, quicker reaction to data sets, and a multitude…

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5 top cases for AI in corporate finance

The applicability may vary across organizations and industries “Organizations ignoring these use cases should have a good reason for doing so because they offer the best combination of feasibility and business benefit,” said Mark D. McDonald, senior director, research in the Gartner Finance practice. “Looking to apply AI to other use cases…

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AWS and SK Telecom collaborate

Co-developing computer vision AI services Amazon Web Services (AWS) and SK Telecom, the information and communications technology arm of SK Group, the second largest conglomerate in Korea, today announced at Mobile World Congress (MWC) Las Vegas that the two companies will co-develop a new set of computer vision services. This collaboration aims to make it easier and…

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AI spending will rise over $US46 Billion by 2026

AI Solutions have become an essential part of process improvement Asia/Pacific spending on AI systems (including hardware, software, and services) will rise from $US20.6 billion in 2022 to around $US46.6 billion in 2026, according to IDC’s latest Worldwide Artificial Intelligence Spending Guide. Artificial intelligence (AI) solutions have become an essential part…

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Australians less likely to embrace Metaverse for work

Business professionals are concerned about costs and network reliability. A new global study commissioned by Ciena has revealed that 70% of Australian business professionals surveyed would participate in work meetings in the metaverse, trailing the global average of 78%. According to the study, concerns around the associated costs and reliability of the underlying network…

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Data management is critical for successful AI adoption featured

The findings of the report are based on a survey of 600 global CIOs, CDOs, and CTOs A new survey report by MIT Technology Review Insights highlights AI and data management as essential pillars to enterprise success but found that the majority of survey respondents cited data mismanagement as a…

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Artificial intelligence spending grew 20.7 per cent worldwide in 2021

AI software captures the largest share of AI spending Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services for both AI centric and AI non-centric applications*, totalled $US383.3 billion in 2021, an increase of 20.7 per cent over the prior year, according to the most recent…

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NLP is the next frontier in understanding people

Language has long been seen as a source of truth for personality Sapia Labs, the R&D arm of global AI company Sapia.ai, has published ground-breaking research showing the power of Natural Language Processing (NLP) to accurately infer personality traits via text-based structured interviews. This latest research, Explainable Personality Prediction Using Answers…

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