Thanks to the availability of advanced technology, financial crimes are becoming more sophisticated and complex. From trade-based money laundering and human trafficking to GenAI-enhanced scams, the scale of financial crime today is unprecedented. Fortunately, artificial intelligence (AI), when used responsibly and ethically, can revolutionise the fight against these financial crimes. Of course, AI is not…
The global artificial intelligence (AI) in energy and utilities market was valued at USD 10.56 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 22.9% during the forecast period, reaching USD 45.78 billion by 2030. Over the past decade, the utilities industry has undergone significant evolution. The methods for…
Despite high hopes and dedicated budgets for GenAI, government agencies need to increase guardrails, training; synthetic data could be missed opportunity A new global study, Your Journey to a GenAI Future: A Strategic Path to Success for Government from SAS and Coleman Parkes Research, reveals that government agencies lag well behind other sectors in the adoption of…
Artificial Intelligence (AI) is revolutionising industries across the world. In doing so, the role of the data specialist within organisations is changing. With the use of AI in data-driven roles accelerating, these professionals must enhance their skill sets to stay relevant. PBT Group experts take a closer look at how data professionals can help foster…
According to a recent report by research company Public First, over the course of the next ten years, artificial intelligence (AI) could boost Africa’s GDP by more than $30 billion. The Google-commissioned analysis underscores the revolutionary potential of artificial intelligence (AI) and other new digital technologies, like cloud computing, to propel economic growth and tackle pressing…
According to fresh statistics that Google unveiled yesterday, Nigerians are increasingly using artificial intelligence, or AI, to advance their jobs and foster their creativity. According to Google Search trends, there has been a 130% increase in searches linked to artificial intelligence (AI) in Nigeria as compared to the same period previous year. This indicates that…
Mark Zuckerberg, the CEO of Meta, declared on Thursday that the firm will start showcasing AI avatars created by creators on Instagram via Meta AI studio. The United States will host the test. The social networking firm and Character, a chatbot startup financed by a16z, both make announcements on the same day.Users will soon be…
Artificial Intelligence (AI) has become a powerful tool that significantly contributes to the growth and success of any business. In today’s highly competitive business landscape, leveraging AI can be a game-changer for businesses to fuel their productivity and growth. There are AI-powered tools that are useful for a variety of applications in business for performance…
Tuesday saw the release of a new range of PCs designed specifically to run artificial intelligence applications, as tech companies work to promote the broader use of AI similar to ChatGPT. Microsoft unveiled its AI-powered personal PCs in May. These machines will run the Copilot Plus brand of software developed by the business. The goal…
Dr. Omolaraeni Olaosebikan, Group Chief Executive Officer, of McEnies Global Communications, a notable practitioner in marketing communications and event planning has identified Artificial Intelligence (AI) as a transformative technology with the potential to revolutionize industries and drive economic growth not only in Nigeria but across the globe. She made this assertion on Thursday. On a…
After a few years of rather stable technology, generative artificial intelligence (AI) has swept the globe, to the point where McKinsey predicts that any company not using AI will go out of business within the next three years. Businesses that are AI-native, or that use AI at their heart, are already becoming more and more…
Craig Stephens, Advisory Business Solutions Manager, SAS in South Africa Cloud computing’s role in today’s digital marketplace is undeniable. It allows for significant advancements through analytics, machine learning, and AI. However, concern over its carbon footprint is growing. The cloud’s greenhouse gas emissions (GGEs) now eclipse that of the global aviation industry. This highlights the…
Artificial intelligence’s ascent is frequently seen as a threat to livelihoods and employment. News reports cry out that human labor will soon be replaced by machines and robots. However, is this concern warranted, or is it simply Luddism resurfacing in the present era? There is a serious risk. By 2030, AI has the potential to…
For the Google Chrome browser, Google has revealed new generative artificial intelligence (AI) features. The business started integrating these functionalities with the most recent Chrome update (M121), and they will be accessible on Chrome for Mac and Windows machines as well. The browser currently has two new AI functions, and a third is scheduled to…
UK and partners to fund safe and responsible AI projects for development around the world, beginning in Africa, with £80 million collaboration announced at AI Safety Summit funding will support home-grown AI expertise and computing power in Africa and help the continent’s AI innovators boost growth and support the continent’s long-term development the UK AI for Development…
With cybercrime increasingly posing a significant risk to enterprises globally, cybersecurity experts in South Africa are forecasting more challenging times ahead as threat actors exploit emerging innovations to launch sophisticated cyber attacks. Driven by heightened technological advancements such as artificial intelligence (AI) and machine learning (ML), cybercriminals relentlessly utilize popular digital tools and platforms to…
Tuesday saw the introduction by Facebook’s parent company Meta Platforms of an AI model that can translate and transcribe speech in numerous languages, serving as a possible cornerstone for products that enable real-time communication across language barriers. The business claimed in a blog post that their SeamlessM4T model could combine technology that was previously only…
On Wednesday, Meta Platforms unveiled AudioCraft, an open-source AI application that enables users to produce music and audio based on text suggestions. According to Meta, the AI tool works for music, sound, compression, and generation and is included with three models: AudioGen, EnCodec, and MusicGen. The company’s own and specially licensed music is used for…
Since the introduction of AI systems such as ChatGPT, Mid Journey, Dall-e, and Bard, a lot of individuals have become concerned about how AI would affect their businesses and occupations. It’s interesting to note that any significant advancement in technology simultaneously provides new categories and opportunities while also seriously disrupting other industries and domains. Every…
In order to stop the spread of false information, especially now that photorealistic fakes are so easy to make thanks to artificial intelligence capabilities, Google is introducing two new features to its picture search. The first new feature from the Alphabet business is called “About this image,” and it provides more information by indicating when…
Businesses rely largely on technology to carry out daily tasks in this digital age. However, there is a higher risk of cyber threats as a result of our growing reliance on technology. For businesses of all sizes, cybersecurity is a major worry since cyberattacks may lead to data breaches, financial losses, and even reputational damage. …
Alphabet, the parent company of Google, reported a net profit of $15 billion in the first quarter of 2023, exceeding market estimates, indicating that the search engine powerhouse is finding its footing. The IT titan has been put under pressure as a result of a general downturn in advertising spending, over-hiring during a Covid-era boom,…
UAE-based Intelllia, a provider of analytical and strategic support for investment and finance institutions, and corporate business development teams, has launched an AI-powered vetting and project delivery platform for finance, strategy and public policy for its clients across emerging markets. teams. With its patented AI-driven analyst vetting, training, and quality control platform, Intellia provides on-demand,…
Elon Musk claimed in an interview that aired late Monday that he plans to compete with Microsoft and Google’s artificial intelligence projects with “truth-seeking AI” that rejects political correctness. The billionaire CEO of Tesla and Twitter expressed his worries about the threat posed by AI once more, stating that it has “the potential of civilizational…
As technology advances at a breakneck pace, it’s transforming nearly every aspect of our lives, including the way we work. The traditional 9-to-5 office job is no longer the only option, as remote work, gig work, and flexible schedules become increasingly popular. In this article, we’ll explore the future of work and how technology is…
Google, a division of the digital behemoth Alphabet, has unveiled its newest AI technologies. These tools will serve as add-ons to currently available services, such as Workspace apps, and aid with tasks like summarizing Gmail message threads, creating slide presentations, and taking meeting notes. In its most recent version, Google Pictures, Google Messages, and Gmail…
When LinkedIn began distributing “AI-powered conversation starters” earlier this month to increase engagement on its platform, the move saw more than a little engagement of its own, none of it particularly favorable. Yet the reality is that LinkedIn has been heavily utilizing AI and other forms of automation throughout various elements of its platform for…
Nobody is immune to the generative AI wave, and everyone wants to be a part of it. Meta is the most recent company to begin testing AI-powered tools for its products. Mark Zuckerberg announced that the company is creating “a new top-level product group” to integrate generative AI into its billions of users’ services. Zuckerberg…
Is artificial intelligence taking over the world? The latest “groundbreaking” AI chat bot, trained to interact with advanced users, is certainly causing quite a stir in the technology world. The software, known as ChatGPT and developed by the company OpenAI, is designed to generate human-like responses to a wide range of inputs using algorithms. “ChatGPT…
Connected and Autonomous Vehicles (CAVs) are changing the way we think about mobility – and transforming the digital network infrastructure that supports these vehicles. Soon, every car will be connected and able to talk to everything around it using Vehicle-to-Everything (V2X) technology, including other cars and smart city infrastructure. But as with any connected computing…