Last year, the average data breach cost for an organization not using AI-enabled cybersecurity was $4.45 million. This value was 40% or $1.8 million lower for companies that did. The rising number of companies and organizations using AI-boosted cybersecurity systems has given quite a momentum to this market, which is expected to snowball in the […]
Read MoreWhile the country marks the World Consumer Day last week, the Nigerian Communication Commission (NCC), took time to warn AI Developers of the need to be transparent about the data, algorithms, and models used in AI systems stating that this ensures that decisions made by AI can be explained and mistakes can be fixed to […]
Read MoreAs businesses increasingly turn to AI for process automation and optimization, the demand for personalized visual solutions is on the rise. In 2024, 34% of companies have integrated AI into their operations, with an additional 42% actively considering implementation, and of those utilizing AI, 53% are used for production. While generative visual AI models like Midjourney or Stable […]
Read MoreSaudi Arabia (KSA) is leading in Artificial Intelligence (AI) readiness. According to Stocklytics.com, the country ranked first globally in the Government Strategy Index for Artificial Intelligence, boosting a score of 100. This significant achievement places Saudi Arabia at the forefront of global AI leadership, surpassing 60 other evaluated nations. Stocklytics Financial analyst Edith Reads shared her […]
Read MoreAMA PRESS RELEASE SAP SE today announced transformative data innovations that will help customers harness the full power of their data to drive deeper insights, faster growth and more efficiency in the era of AI. New capabilities in the SAP Datasphere solution, including new generative-AI features, transform enterprise planning through simplified data landscapes and more-intuitive […]
Read MoreInfluencer marketing is shifting, with computer-generated personalities – virtual influencers – attracting a large following and lucrative brand deals. Amid this shift, Africa, with its young, digital population and rich cultural diversity, is poised to become a major player in this trend. Virtual influencers are computer-generated characters that resemble humans and interact with audiences on […]
Read MoreAMA PRESS RELEASE Generative artificial intelligence (AI) is one of the most significant leaps forward for the power of technology and its impact on every sphere of our lives. As organisations increasingly embrace generative AI to derive insights, automate processes, and drive innovation, the foundation of accurate and well-organised data within their business systems becomes […]
Read MoreArtificial Intelligence has become the latest buzzword in the business world as companies worldwide look to implement AI in their processes. However, the implementation of AI has its own challenges, and according to the latest survey, proving the value of AI solutions to businesses might be the biggest one. According to the data presented here […]
Read MoreRodger Werkhoven, independent creative director at OpenAI, recently called upon Nigeria to harness the power of Artificial Intelligence (AI) in the country’s economic growth and development. Werkhoven was in Lagos for a conference titled “Adapting AI for Nigeria – Creating Intelligent Solutions for a Unique Landscape.”The globally acclaimed Werkhoven shared the transformative possibilities of AI […]
Read MoreInfinite Reality (iR), a global leader in artificial intelligence innovations and immersive virtual experiences, together with telecommunication giant Vodafone, has announced the unveiling of an innovative automotive original equipment manufacturer (OEM) onboarding service at Mobile World Congress 2024 in Barcelona. This pioneering product, set to redefine automotive retail and customer onboarding, will be showcased in […]
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