The market for AI-related hardware and software is expected to grow between 40% and 55% annually, reaching between $780 billion and $990 billion by 2027, according to new research released on Wednesday, Sept. 25, by Bain & Company.
The Supreme Court has begun embarking on the use of AI and is in the process of developing tools to aid the work of court personnel such as voice-to-text transcriptions while the testimony is ongoing and transcription of testimonies in certain dialects.
Elastic, the Search AI Company, has announced the appointment of local tech distributor VSTECS Phils. Inc. as its first value-added distributor in the Philippines.
Despite the dangers posed by the use of artificial intelligence or AI, Supreme Court (SC) senior associate justice Marvic Leonen said the path moving forward is for the Philippine legal system to keep up with emerging technology while working to protect people’s rights.
The conference also underscored the importance of involving both public and private sectors in the conversation to effectively foster policies that promote consumer protection and cybersecurity.
During its “Tech Day” media event held last July 10 to 11 in Los Angeles, California, AMD executives said the PC industry is being reshaped by AI and AMD is leading this transition.
However, a top official of the Center for AI Research (CAIR) said SMEs face obstacles to AI adoption, including data scarcity, culture, no clear business case, cost, capability, and understanding.
The National Economic and Development Authority (NEDA) has committed to working with the Department of Trade and Industry (DTI) in implementing the National AI Strategy Roadmap 2.0 to strengthen the government's capacity for sustainable digital transformation.
