This report presents an analysis of the **AI APIs Market**, forecasting significant growth, driven by a **21.7% Compound Annual Growth Rate** between 2024 and 2030, leading to a **USD 13910 Million valuation** by 2030 from USD 3365 Million in 2023. Continue reading
Eike Schneiders, University of Southampton; Joshua Krook, University of Southampton, and Tina Seabrooke, University of Southampton
People who aren’t legal experts are more willing to rely on legal advice provided by ChatGPT than by real lawyers – at least, when they don’t know which of the two provided the advice. Continue reading
Jan. 14, 2025 /Mpelembe Media/ — A SimCorp-commissioned report, based on a survey of 200 global buy-side executives, highlights the need for better AI integration in investment processes. The majority of respondents recognise AI’s potential benefits but lack sufficient information for effective implementation across investment analysis, decision-making, risk management, and client engagement. Continue reading
Jan. 8, 2025 /Mpelembe Media/ — The DreamSmart StarV Air2 debuted at CES 2025, leading a new trend in smart wearables. The device showcases innovative technology with a focus on value and providing a new smart wearable experience. The smart glasses are designed to be a barrier-free communication tool and aim to improve social interaction. The device is intended to address the needs of the hearing impaired, with features including real-time transcription and translation capabilities. DreamSmart’s “All in AI” strategy is a core part of the company’s innovative products and services. Continue reading
Jan. 6, 2025 /Mpelembe Media/ — This new report explores the five big AI business trends to watch, according to insights from enterprise decision makers, Google search trends, research, and Google’s Cloud AI leaders.
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Jan. 3, 2025 /Mpelembe Media/ — The Internal Revenue Service (IRS) is using artificial intelligence (AI) to improve the efficiency and effectiveness of its audit selection process, particularly within the National Research Program (NRP). The NRP is used to develop estimates of the tax gap, which is the difference between taxes owed and taxes paid. The IRS is implementing AI models to select tax returns for audit in a way that is intended to be more targeted and efficient than traditional methods. Continue reading
Jan. 3, 2025 /Mpelembe Media/ — This interim guidance memorandum from the IRS Chief Data and Analytics Officer outlines new Internal Revenue Manual (IRM) 10.24.1, establishing AI governance principles and processes. It details requirements for AI use case inventories, approval procedures, and risk management, particularly for safety-impacting or rights-impacting AI. Continue reading
This Law.com article details significant legal tech investments in 2024, driven by generative AI advancements, alongside several “Who Got the Work” sections reporting on recent legal representation assignments across various cases. The article highlights a rebound in legal tech funding, showcasing substantial investment rounds. Continue reading
Jan. 2, 2025 /Mpelembe Media/ — Media City Qatar, in collaboration with Google Cloud, achieved a new Guinness World Records title for the “Most people contributing to an AI-generated image” through their Qatar ArtBeat initiative. Over 15,000 people contributed to the artwork, which incorporated public sentiment surrounding Qatar National Day 2024. Continue reading
Jan. 01, 2024 /Mpelembe Media/ — NotebookLM is an experimental tool by Google that helps you understand and work with information from your notes and documents. It uses AI to summarize, answer questions, and generate new insights from your content.