AI Apps Break Records: $1.1 Billion in Consumer Spending in 2024
In 2024, consumer spending on Generative AI apps skyrocketed to an astonishing $1.1 billion, marking a 200% year-over-year growth. This surge was part of a broader trend of global app spending, which reached $150 billion, up 13% from the previous year, according to Sensor Tower’s annual “State of Mobile” report. Let’s explore what drove this…
OpenAI Expands Cloud Partnerships, Loosens Microsoft’s Exclusivity
In a significant shift in its cloud computing strategy, OpenAI has broadened its infrastructure partnerships, breaking Microsoft’s previous monopoly on hosting its AI models. This change comes as OpenAI announced its new large-scale infrastructure agreement, dubbed Stargate, involving SoftBank, Oracle, and other key players. Microsoft’s New Role in OpenAI’s Cloud Strategy While Microsoft retains a…
These Are The Five Professions That Will Be Most Affected by AI
AI is undoubtedly having a significant influence on the professional field. Many people are doubtful of the potential of AI to replace human labor, but experts deny that this is happening anytime soon. Instead, we must recognize what occupations AI primarily affects and understand how to take advantage of and adapt to the technology. The…
Donald Trump Launches $500B “Stargate” Venture to Make The U.S No. 1 in AI
President Donald Trump has announced the launch of a $500 billion joint venture, dubbed “Stargate.” This move highlights the United States’ ambition to dominate the global AI race. The initiative is set to be the largest AI infrastructure project in history. Also, it will unite the expertise and resources of Oracle, SoftBank, and OpenAI to…
Simplified AI Review: The All-in-One Content Creation Tool?
This Simplified AI review aims to answer one question: Is this the one tool content creators need? In today’s era of social media, content is king. Yet, many content creators struggle with consistently generating fresh and engaging content. A contributing factor is the constant cycling between multiple tasks and tools. This context-switching not only wastes…
AI Coding is Taking a New Turn
When AI became mainstream, developers got excited about using AI to write code. This phase was birthed by the release of dedicated generative AI tools for software development. But with AI scaling to even newer heights, coding has entered another exciting new phase. This phase bears a promise to generate code with a welcome twist.…
The UK to Modernize Public Sector with AI Assistant ‘Humphrey’
The UK government is moving to transform its public sector by using AI to cut red tape and boost efficiency. Just a week after announcing significant investments in AI, officials are unveiling a comprehensive plan to streamline operations. Central to this effort is an AI assistant named “Humphrey,” which is designed to alleviate administrative burdens…
Trump Ends Biden’s AI Rules
In a dramatic policy shift, President Donald Trump rescinded a 2023 executive order by former President Joe Biden aimed at addressing the risks of artificial intelligence (AI). The repeal took place on Trump’s first day back in office. Plus, it signals a sharp departure from Biden’s regulatory approach to AI development and safety. What Biden’s…
Using Picsart.io API to Automate Image Editing Processes in E-commerce
E-commerce professionals need to be able to create super high-quality websites to beat the competition. Creating high-quality images for online stores is an important part of this. Photo editing used to be difficult. It used to require professional editors to do the job. But non-experts can now edit images with ease. Picsart.io is making this…
How IoT Shapes the Future of Smart Building Platforms
The Internet of Things (IoT) is revolutionizing industries worldwide, and its impact on smart building platforms is particularly transformative. By enabling interconnected devices and systems to communicate seamlessly, IoT empowers building managers to monitor operations, make data-driven decisions, and optimize resource usage in real time. This evolution is shaping the future of urban development, enhancing…
