Microsoft to allocate $40 m for AI technologies

This topic has 1 voice, contains 0 replies, and was last updated by Avatar of JohnConnor JohnConnor 36 days ago ago.

Author Posts
October 17, 2018 at 7:07 am #73754243 You must be logged in to reply
JohnConnor
Avatar of JohnConnor Rank: Prospect
Points: 370
Posts: 14
Followers: 0
Registered: Sep 2018

At Ignite 2018, Microsoft representatives said that they were going to spend $40 million for new AI systems in the following 5 years.

The company will evolve them in order to predict natural calamities, rescue children, and help refugees. Such technologies will be more flexible and safer.

It is just the first part of Microsoft’s plan to improve life quality and help people.

HPE finds out that AI will increase profit of industrial companies

HPE conducted a study and discovered that revenues of industrial companies integrating AI would grow by 11.6% by 2030.

At the Industry of Things World conference, HPE members and organizers carried out a survey among 858 representatives of the manufacturing industry. It has shown that industrial enterprises would integrate AI technologies to speed up operations and collect information.

Moreover, those already integrating AI said that they managed to enhance their planned performances.