AI is revolutionizing the fashion industry, but it will never replace the innate creativity of designers, according to the leader of a groundbreaking initiative. Calvin Wong, a pioneering fashion innovator, has introduced the Interactive Design Assistant for Fashion (AiDA), the world’s inaugural AI system guided by designers. AiDA employs image …
Read More »China’s Artificial Intelligence investment expected to exceed 38 bln USD in 2027
China’s investment in artificial intelligence (AI) is estimated to reach 38.1 billion U.S. dollars in 2027, accounting for about 9 percent of the world’s total, according to an industry report.? China has continued to boost its prowess in the AI sector in recent years, said global market research firm International …
Read More »Global AI investments could hit $200bn by 2025
Global artificial intelligence investments are projected to hit $200 billion by 2025 and could possibly have a bigger impact on gross domestic product, a study has revealed. AI investments will possibly take a few years to have a major impact on the economy, rising from a relatively slow starting point, …
Read More »Tech rivals chase ChatGPT as AI race ramps up
Chasing Microsoft, global tech giants have rolled out announcements on how they will implement ChatGPT-like artificial intelligence into their world leading platforms and applications, with YouTube the latest to present plans. Here is a roundup of how the world’s biggest tech companies …
Read More »Pakistan’s first Artificial Intelligence Summit concludes
Pakistan’s first Artificial Intelligence (AI) Summit organized by a leading end-to-end digital services company 10Pearls concluded at the Pak-China Friendship Center here Monday. The event was a massive success, with more than 1500 registrations, comprising professionals, students, enthusiasts and entrepreneurs. The AI Summit, first launched in 2019, aims to ‘explore …
Read More »Artificial Intelligence (AI) can contribute significantly to IT Exports
“The IT sector in Pakistan has shown consistent growth over the last few years, giving us a glimpse of its potential. Support from the government and the academia towards improving ease of doing business, tax concessions, promoting research and development, and producing skilled human resources can do wonders for Pakistan,” …
Read More »