Vehicles on Route 2 (the Coastal Road) near Netanya, October 22, 2019. (Flash90)
US tech giant Nvidia has teamed up with the Israel Innovation Authority and business development center MATI Haifa to set up an innovation hub in Haifa to encourage artificial intelligence-based entrepreneurship in Israel’s north.
The Road2 hub, named after the highway that connects Tel Aviv to Haifa, was officially launched on Wednesday, in the presence of Nvidia officials, Dr. Ami Appelbaum, the chairman of Israel Innovation Authority; Prof. Rafi Beyar, former director of Rambam Hospital; and Mooly Eden, a former senior VP at Intel Corp. and head of Intel Israel.
Artificial Intelligence (AI) Market worth $309.6 billion by 2026 - Exclusive Report by MarketsandMarkets Artificial Intelligence Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing), Deployment Mode, Organization Size, Business Function (Law, Security), Vertical, and Region - Global Forecast to 2026
, published by MarketsandMarkets, the global Artificial Intelligence Market size to grow from USD 58.3 billion in 2021 to USD 309.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 39.7% during the forecast period.
Various factors such as growth of data-based AI and advancement in deep learning and need to achieve robotic autonomy to stay competitive in a global market are expected to drive the adoption of the AI solutions and services.
– Pages
COVID-19 is disrupting the world, businesses, and economies, impacting the livelihood of people, their interactions, education systems, and the way people manage their businesses. The ability to sustain has become the new normal as enterprises are concentrating on implementing drastic measures to mitigate the impact of the COVID-19 pandemic. The development of AI solutions has witnessed a slow growth in the first half of 2020 due to the global lockdown. However, the adoption of AI solutions is expected to increase tremendously during the forecast period. A wide range of tools and solutions are being adopted during the pandemic to detect and enforce social distancing and limit the spread of COVID-19. The competition among major AI companies is expected to be furious as new opportunities for AI solutions have grown due to remote work and remote education. New practices such as work from home and social distancing are creating the need for remote monitoring, smart payment t
Artificial Intelligence Chipsets Market Next Big Thing | Major Giants Ibm, Google, Microsoft sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.