Global Scans · Artificial intelligence · Weekly Summary

• [New] AI remains one of hottest areas to invest in, and has the potential to have a huge impact on the global economy (estimated by PWC to be $15.7trn by 2030). BNY Mellon
• [New] Ensuring the interoperability of governance initiatives, addressing the digital divide, and fostering a multi-stakeholder approach will be essential for realizing the full potential of AI. United Nations University
• [New] Generative AI holds immense potential to revolutionise education systems in the Global South, offering opportunities to bridge educational gaps, support teachers, and provide personalised learning experiences. South African Generative AI Specialist
• [New] The urge to improve efficiency and invest in cutting-edge technologies such as generative AI could provide the global economy with both a cyclical and structural tailwind. MIT OpenCourseWare
• [New] AI leaders will increase their cloud operations, data security and AI investments throughout 2024, with 40% of large companies saying AI projects have already increased IT costs. AsiaOne
• [New] Meta is competing head-to-head with Microsoft and Google to unlock the enormous potential of AI. CNN
• [New] In the coming years, the world will witness a significant rise in the usage of generative AI in banks and finance firms. Quytech
• [New] AI will drive major growth in edge computing spend over the coming years, with worldwide edge computing spend expected to reach $232 billion in 2024, an increase of 15.4% over 2023. MarketScreener
• [New] Generative AI could automate up to one-third of tasks for emergency physicians, which could help address staffing challenges, improve service quality and allow doctors to focus on patients' health. News | Cognizant Technology Solutions
• [New] Expanded partnership will leverage Microsoft Copilot and Cognizant's advisory and digital transformation services to help employees and enterprise customers operationalize generative AI and realize strategic business transformation. News | Cognizant Technology Solutions
• [New] IBM's and HashiCorp's combined portfolios will help clients manage growing application and infrastructure complexity and create a comprehensive hybrid cloud platform designed for the AI era. IBM Newsroom
• [New] High pressure centered over Lake Superior will keep skies sunny across Minnesota and also make for lighter wind speeds, generally under 10 mph. MPR News
• [New] If Japanese-based LLMs become widespread, the use of AI will accelerate in Japanese society, alongside an increase in the amount of content with risks. Asia Pacific Initiative <
• [New] Even China is concerned that technologies like generative AI could be used as a tool to criticize authorities, which suggests there is an incentive for implementing certain regulations. Asia Pacific Initiative <
• [New] Generative artificial intelligence is one of the most disruptive technologies in history, offering higher education institutions the opportunity to re-imagine a world where learning is highly personalized, seamless, and available to everyone. eCampus News
• [New] As reducing energy usage and carbon emissions become vital for customers, Samsung's 9th-generation V-NAND is expected to be an optimal solution for future applications. Yahoo Finance
• [New] As a small nation with a strong focus on innovation and technology, Singapore is keenly aware of the transformative potential of AI in defence and security. @RSIS_NTU
• [New] Empowering AI and employees with a complete view is a clear priority for decision makers, 83% of whom plan to boost investments in data integration over 2025. Salesforce
• [New] Both service and field service organizations are increasing their investment in AI to meet rising customer expectations and unlock revenue-generating opportunities. Salesforce
• New offers like Ubisoft's Uplay + gaming flat rate or technical innovations like Google Stadia's game streaming platform might attract even more casual gamers and revolutionize the way consumers play video games in general. Statista
• Fujitsu will deploy Oracle Alloy, a cloud infrastructure platform that provides more than 100 Oracle Cloud Infrastructure services, including generative AI, as part of its Fujitsu Uvance Hybrid IT portfolio, which supports customers with on-premises and cloud-based infrastructure. Fujitsu Global

Last updated: 28 April 2024