Artificial Intelligence shares, robust funding, appetite for regulation are hints it is booming: Report

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Key Points

New Delhi [India], September 15 (ANI): Artificial Intelligence as a technology in its current form is largely task-oriented and typically not capable of dealing with a situation where logic and reasoning are needed..

Generative AI, also referred to as GenAI is being adopted by companies and institutes, as it allows users to input a variety of prompts to generate new content, such as text, images, and videos, among others...

From AI-related stocks doing well, to AI companies receiving big-ticket funding, to growing appetite for regulation, broadening use cases of the technology are indications that AI is garnering eyeballs the world over...

AI is the elephant in the stock room; Data centres are AI Ground Zero; AI is still a magnet for funding; Political appetite is growing for AI regulation; Real-world uses have yet to emerge at scale, said Deutsche Bank Research...

Fears about AI typically revolve around truth, jobs and safety, emerging both from intentional misuse and from dependence on novel, flawed and potentially at some stage autonomous technology, the report read...

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