Artificial intelligence refers to computer systems that are engineered to perform tasks that normally require human thinking. These systems are designed to analyse data, recognise patterns, make predictions, and improve their performance over time. This capability allows organisations to derive insights from complex and large data sets, enabling enhanced decision making and operational efficiency across sectors. Investment in artificial intelligence has grown rapidly as firms prioritise digital transformation strategies. Large technology companies are allocating substantial capital to AI infrastructure, software, and research to strengthen competitive positions. A recent example includes planned investments exceeding USD 35 billion in AI and related capabilities in India by a major multinational corporation, aimed at boosting technological capacity and supporting job creation efforts. Key AI Facts That Matter Most 83% of companies now see AI as essential to their business pl...
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