Search by category: Artificial Intelligence
Is there any point to use machine learning for manufacturing companies? You know, there definitely is. Just take a look at the numbers: the global machine learning market is expected to grow from $21.17 billion in 2022 to $209.91 billion by 2029. If ML wasn’t delivering profitable business opportunities, it wouldn’t have attracted such money….
Insurance has always been a thing. But insurtech? It emerged only in 2010 when Friendsurance created the first peer-to-peer business insurance model. Nevertheless, in 2021, the global insurtech market size was already valued at $3.85 billion. Impressive enough, huh? But wait for it: from 2022 to 2030, analysts expect for the market to expand at…
Right off the bat, we have some statistics for you: the global machine learning (ML) market stood at $15.44 billion in 2021. It was predicted to reach $21.17 billion in 2022 and $209.91 billion by 2029. Such rapid growth isn’t surprising: artificial intelligence (AI) and machine learning techniques reshape many industries, including healthcare, IT, finance,…
The fintech industry is drastically transforming standards for banking and financial services. Today we prefer tech-enabled options and digital financial access. So no wonder that fintech companies raised $40.3 billion in funding in 2023, according to CB Insights, and the industry is developing lightning fast. Meanwhile, cyber threats have grown exponentially, with the cybercrime epidemic…
Is it possible for one person to complete thousands of trades per night? In fact, with artificial intelligence in stock trading, you can do even more! Every day innovative use cases of AI hit the headlines, so no wonder this disruptive technology has entered the stock market world. And since its pattern recognition algorithms greatly…