Microsoft to allocate $40 m for AI technologies

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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.