philip lelyveld The world of entertainment technology

17Jul/19Off

AI Development Accelerates, Chips Speed Model Training

Artificial_Intelligence_Brain_Profile-2A Lopez Research survey revealed that 86 percent of companies believe AI will be strategic to their business, but only 36 percent of them report having made “meaningful progress.” Khosrowshahi pointed out that more companies than ever have access to the necessary data, tools and training.

VentureBeat reports that Khosrowshahi’s point of view is validated by a Gartner report in January showing that “AI implementation grew a whopping 270 percent in the past four years and 37 percent in the past year alone … up from 10 percent in 2015.” Some experts predict that the enterprise AI market will be valued at $6.14 billion by 2022.

See the full story here: https://www.etcentric.org/ai-development-accelerates-chips-speed-model-training/#more-142008

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