3 Top AI News stories from around the world

15 Nov 2024

Check out the latest news

1. IDC’s 2024 AI Opportunity Study: Key findings from IDC’s The Business Opportunity of AI study include:

• Generative AI usage jumped from 55% in 2023 to?75% in 2024.
• For every $1 a company invests in generative AI, the ROI is $3.7x.
• The top leaders using generative AI are realizing an ROI of $10.3.
• On average, AI deployments are taking less than 8 months and organizations are realizing value within 13 months.
• Within 24 months, most organizations plan to expand beyond pre-built AI solutions to advanced AI workloads that are customized or custom-built.
• The ROI of generative AI is highest in Financial Services, followed by Media & Telco, Mobility, Retail & Consumer Packaged Goods, Energy, Manufacturing, Healthcare and Education.
• 43% say productivity use cases have provided the greatest ROI.

2. Google’s AI Updates: Google has unveiled significant AI advancements across its product suite. The latest updates include the most extensive AI enhancements ever for Google Maps, offering more accurate and personalized navigation. Google Shopping now features AI-driven recommendations and search capabilities, improving the shopping experience for users. Chromebooks have also received AI-powered upgrades, enhancing performance and user interaction. These updates reflect Google’s commitment to integrating AI into everyday tools, making technology more intuitive and efficient. The advancements are expected to set new standards in user experience and operational efficiency, reinforcing Google’s leadership in AI innovation.

3. Nobel Prize for AI Pioneers: In a historic recognition, Google AI pioneers Geoff Hinton, Demis Hassabis, and John Jumper have been awarded Nobel Prizes for their groundbreaking contributions to artificial intelligence. Hinton’s work on neural networks has revolutionized machine learning, while Hassabis and Jumper’s advancements in protein structure prediction have significant implications for medical research and drug discovery. Their achievements underscore the transformative potential of AI in various fields, from healthcare to technology. This accolade not only honors their individual contributions but also highlights the broader impact of AI research on society, paving the way for future innovations.

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To summarize :

1. IDC’s 2024 AI Opportunity Study: #AI #ArtificialIntelligence #AITrends #Productivity #GenerativeAI #EthicalAI #Innovation #TechNews #BusinessTrends #IDCStudy
2. Google's AI Updates: #Google #AI #GoogleMaps #GoogleShopping #Chromebooks #TechInnovation #AIUpdates #UserExperience #TechNews #AIAdvancements
3. Nobel Prize for AI Pioneers: #NobelPrize #AI #ArtificialIntelligence #NeuralNetworks #ProteinPrediction #MedicalResearch #TechPioneers #Innovation #AIResearch #GoogleAI

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