Eye On AI To successfully leverage AI, companies need to ensure that sustainability remains at the forefront of decision making. Follow To successfully leverage AI, companies need to ensure that sustainability remains at the forefront of decision making. https://arab.news/vt3st As organizations worldwide invest in increasingly diverse applications of AI, from portfolio optimization to supply-chain management and executive decision-making support, there is little doubt that AI is here to stay and adoption will only grow. Estimates from International Data Corporation, a market intelligence business, suggest that in 2023, enterprises worldwide spent $166 billion on AI solutions — software, hardware and services. This figure is expected to grow by 27 percent per year to reach $423 billion by 2027. According to a recent report by PwC, the generative AI market in the Gulf region alone could be worth up to $24 billion by 2030. Various states in the region have made major investments in AI, committing significant resources. Saudi Arabia has established the Saudi Authority for Data and Artificial Intelligence, the UAE has a minister of state for artificial intelligence at the nation’s AI Office and Qatar launched its Artificial Intelligence Committee in 2019. Overall, PwC predicts the Middle East will […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
