Technology

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…

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…

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…

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…

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…