The global artificial intelligence market to reach $450 billion in 2022

The AI market will reach $450 billion this year. AI software accounted for the largest share the overall AI market in 2021. The total value of the AI Services market increased 22.4% year on year to $24 billion in 2021. The Artificial Intelligence (AI) market value is expected to reach nearly $450 billion this year and maintain a year-over-year growth rate over the next five years. According to International Data Corporation, the global AI market, which includes software, hardware, and services for both AI-centric and AI non-centric applications, will reach…

Read More

Proton VPN gets out of India due to govt’s new cybersecurity rules, Nord and others left earlier

The new cybersecurity rules were supposed to be enforced on June 28. The CERT-In then extended the deadline to September 25. The rule mandates companies to store India users’ data locally. Proton, a Swiss internet company best known for its virtual-private-network services, is removing its servers from India in order to “protect” users’ privacy. To protest upcoming cybersecurity rules that require VPN operators to store Indian users’ data locally, the company decided to shut down servers in the country. Proton is a major VPN service provider in India and around…

Read More

Microsoft sends invites for October 12 event, new Surface Pro 9 expected

The Surface Pro 9 continues to be Microsoft’s mainstream hybrid computer and will be the star of the show. Microsoft could also announce the Surface Laptop 5 and Surface Studio 3 computers at the event. Microsoft sent out invitations to an event on October 12th, where the tech giant will unveil new Surface hardware products. The event begins at 7:30 p.m. IST. “Watch live to see what’s next,” the company wrote in the invitation. As typical for Microsoft events, details were sparse. The Redmond tech giant has been holding its…

Read More

Google Has A Loan App ‘Problem’ In India That Has No Quick Fix

Google is looking at various ways to reduce the impact of bad loan apps on people. Google uses a two-layer scan system before listing any app on the Play Store.  Google has informed us that any loan app that does not comply with the rules will be deleted from Playstore.   Loan apps have become a source of concern for the public, the government, and Google all at the same time. These apps have preyed on innocent users, luring them into signing up for simple, paperless loans that have come…

Read More

Synthetic speech technology startup Murf AI raises $10M led by Matrix Partners India

Murf AI raised $10 million in a series A funding round. Murf AI was founded in october 2020 by a group of graduates from IIT Kharagpur. The startup intends to use the funds raised to drive further product innovation, accelerate R&D, and expand its presence in key markets. Murf AI, a startup that uses artificial intelligence to help businesses create natural-sounding voiceovers, has raised $10 million in a series A funding round led by Matrix Partners India. Elevation Capital and prominent angel investors such as Ajay Arora (SVP Product, Disney…

Read More

How to develop a future workforce to take advantage of the benefits of AI?

AI is marking its presence in numerous industries. The future workforce may require to possess skills like critical thinking & creativity. Professionals should be familiar with the machine-human collaborating work environment   Smart technologies like AI are rapidly changing the way we live and marking their presence in numerous industries rapidly and are changing the nature and behavior of workplaces. artificial intelligence tools have the power to ignite far better productivity, efficiency, and accuracy across companies. With AI continuing to create buzz, many organizations are shown keen interest to associate…

Read More

Cleareye.ai Announces Strategic Alliance with J.P. Morgan

Cleareye.ai has established a new global strategic alliance with J.P. Morgan’s Trade and Working Capital division. Trade finance is a sector undergoing digital transformation. ClearTrade has been integrated into J.P. Morgan’s Trade Processing System over the last year and is now live supporting transactions in the APAC region. Cleareye.ai has established a new global strategic alliance with J.P. Morgan’s Trade and Working Capital division. The alliance will use ClearTrade, an industry-leading digital solution, to address both the current and future challenges that Trade Finance operations face. Through significant advances in…

Read More

How does AI help sales professionals?

AI is gradually taking over the selling processes. Sales professionals use AI methods for gaining an advantage over competitors. AI chatbots help in real-time interaction with customers. AI is not a new concept, and its definition has evolved significantly over time. Today, we routinely use it in a variety of everyday devices and appliances, often without even realizing it, even though the general public may still imagine evil robots taking over the world whenever AI is mentioned. When we say that AI is “taking over” sales, we don’t mean that…

Read More

What Are The Top 10 Uses of AI in Smart City?

We look at 10 ways artificial intelligence can be used within smart cities. Artificial intelligence can help smart city projects in several ways Cities are continuously innovating with the help of artificial intelligence. Due to the AI technology used within smart cities, these cities are then able to control the traffic, waste, and maintenance as well as predict the energy consumption, pollution risks, and effects on the environment. Smart cities cause lesser effects on climate change, smarter decisions, and improved quality of life, in this list we take a look…

Read More

Why you should attend the GAISA 2022?

The Global Artificial Intelligence Summit and Awards is back with the 3rd edition on October 07th and 08th. The event will be held at Vigyan Bhawan, New Delhi The summit discusses the AI innovations that happened in major sectors such as Healthcare, Agriculture, Education, Smart cities, and Transportation.   The Global Artificial Intelligence Summit and Awards (GAISA), one of the world’s most prominent AI events, is scheduled for October 07th and 08th, 2022. Organized by the All India Council for Robotics and Automation, The GAISA event brings together some of…

Read More