The artificial intelligence industry has a big problem: 95% of companies that try AI aren’t making any money from it, according to a report from the Massachusetts Institute of Technology last month.
About 80% of companies deploying AI reported workforce reductions, but Gartner says those cuts did not translate into stronger returns on investment.
Our annual survey of CTOs found growing institutional reliance on artificial intelligence, coupled with concerns about value, ...
With earnings for five of the world's biggest tech giants in the rearview mirror, here's an update on their head-spinning spending levels.
A year ago, expectations for AI’s business impact were sky-high. Companies launched pilots and made major investments, expecting rapid returns. In conversations with data leaders throughout this past ...
April 24 (Reuters) - China plans to restrict top technology firms, including leading AI startups, from accepting U.S. capital without government approval, Bloomberg News reported on Friday, citing ...
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