Global Scans · Artificial Intelligence · Weekly Summary

• We see an opportunity for the continued use of digital technologies, such as artificial intelligence and machine learning to provide faster and more accurate insights from the abundance of sustainability-related data and information that is beginning to penetrate the global economy. Environmental Finance
• Curran adds that 2024 is the year when generative AI will shape the enterprise IT ecosphere, as it becomes clearer what kinds of services can be built on top of AI systems. Nation
• There are a number of models of AI, and multimodal AI is one that will be making waves in 2024. Nation
• Scientists from Dortmund, Loughborough, Kiev and Nottingham have now developed a concept inspired by the eyesight that could make future artificial intelligence much more compact and efficient. Innovation Toronto
• Among industries globally, generative AI could add the equivalent of $2.6 trillion to $4.4 trillion annually in value across the 63 use cases it analyzed - a great opportunity and a benefit for the logistics industry as well. Logistics Management
• Artificial intelligence has the potential to provide tremendous value for real estate as financial services organizations undergo business transformation. Globe Street
• Another trend to expect in 2024 is the emergence of innovative new digital products and services that could shift and transform existing business models, with Candy expecting a lot of big ideas and visions to emerge in 2024 through excellence in generative AI. TechRepublic
• The focus on AI aligns with global trends, where AI and machine learning have increasingly become integral to solving complex problems, enhancing productivity, and creating new opportunities across industries. Prompt Engineering Daily
• In November, bp announced that it will be expanding the use of generative AI through the use of Copilot for Microsoft 365 - bp is one of the first companies globally to act as a launch partner for 'intelligent AI assistant'. EMobilityPlus
• In 2024, developers will be expected to combine the power of low-code and generative AI to build, test, and update applications at an unprecedented speed. IT Voice | IT in Depth
• Another technology trend expected to make a HUGE impact in 2024 is artificial intelligence (AI). blooloop
• Speaking to TechRepublic Australia, Candy predicted a move towards smaller AI models and the emergence of new digital products and services. Telegraph247
• Last year, TNS launched AI Labs, a pioneering initiative that will research and develop new AI solutions - including voice biometrics, predictive call analytics, generative AI and AI SMS detection - to help carriers stay ahead of bad actors. Yahoo Finance
• Advancements in machine learning and artificial intelligence are expected to further enhance the field of data analytics and BI in 2024. Dataversity - California
• £19 million will go toward 21 projects to develop innovative trusted and responsible AI and machine learning solutions aimed at accelerating deployment of AI technologies and driving productivity. TechCrunch
• £90 million will go towards launching nine new research hubs across the UK and a partnership with the US on responsible AI AI. TechFinancials
• £2 million of Arts & Humanities Research Council funding is being announced today, which will support new research projects that will help to define what responsible AI looks like across sectors such as education, policing and the creative industries. FE News
• By 2026, more than 80% of enterprises will have used generative AI APIs, models and/or deployed generative AI-enabled applications in production environments, an increase from fewer than 5% today. Ionic Blog
• To support regulator's ability to adapt and respond to the risks and opportunities that AI AI presents in their domains, we are today announcing a £10 million investment to build technical upskilling. GOV.UK
• AI AI knows no borders and its impact will shape societies and economies in all corners of the world: AI AI developed in one nation will increasingly affect the lives of citizens living in others. GOV.UK
• What's brought Microsoft to its latest heights is its emergence as an artificial intelligence leader, setting the agenda on how AI tools could get used in work and society. The Washington Post
• While Apple tends to manage with less DRAM in iPhones - which is likely to remain the case for its models with generative AI - 8 GB will likely not be sufficient for a sophisticated LLM. Edge AI and Vision Alliance

Last updated: 11 February 2024