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Page 9 - செயற்கை உளவுத்துறை ஆராய்ச்சி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Webb Fontaine to Open an AI Research and Development Center in Africa

Webb Fontaine to Open an AI Research and Development Center in Africa The AI Research and Development Center to implement AI-powered solutions for trade on the continent Webb Fountain to invest in an AI-powered solution for Trade in Africa. Webb Fontaine has announced crucial investments into Africa with plans to open an Artificial Intelligence Research and Development Centre on the continent. The move aims to answer to an important demand by Governments globally, to implement AI-powered solution for Trade. The R&D Centre was announced by Webb Fontaine founder and Trade Technology Innovator, Jean Gulbenk Gurunlian, during the inaugural Bloomberg Invest Africa online event.

How This CEO is Using Synthetic Data to Reshape Machine Learning for Real-World Applications

How This CEO is Using Synthetic Data to Reshape Machine Learning for Real-World Applications Artificial Intelligence (AI) and Machine Learning (ML) are certainly not new industries. As early as the 1950s, the term “machine learning” was introduced by IBM AI pioneer Arthur Samuel. It has been in recent years wherein AI and ML have seen significant growth. IDC, for one, estimates the market for AI to be valued at $156.5 billion in 2020 with a 12.3 percent growth over 2019. Even amid global economic uncertainties, this market is set to grow to $300 billion by 2024, a compound annual growth of 17.1 percent. There are challenges to be overcome, however, as AI becomes increasingly interwoven into real-world applications and industries. While AI has seen meaningful use in behavioral analysis and marketing, for instance, it is also seeing growth in many business processes.

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