The Evolution of This Technology Transcended Traditional Boundaries, Infiltrating Realms Such As Creative Arts, Automation, and Tailored Experiences. A Comprehensive Analysis of Influencer Discussions on Social Media Platform X Has Unveiled a Curated Selection of Focal Themes Within Generative AI.
A total of 666 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced in the travel and tourism sector globally during January-November 2023, which is a year-on-year (YoY) decline of 32.7% compared to the announcement of 989 deals during the same period in the previous year, finds GlobalData.
DeepMind Technologies Limited, doing business as Google DeepMind, has recently released its latest generative AI model 'Gemini 1.0' in three sizes for different tasks: Ultra, Pro and Nano. Subsequently, the launch has triggered intense debates among influencers on social media platform X regarding its performance relative to GPT-4, observes the Social Media Analytics Platform of GlobalData.
France is set to cement itself as the most visited country in the world, according to GlobalData, which estimates that the country will attract 93.7 million international travelers by 2025. The data and analytics company notes that this forecast will place the country ahead of competitor, Spain, which overtook France in 2021.
The number of job openings in the US for October 2023 decreased to 8.7 million, according to the latest Job Openings and Labor Turnover Survey (JOLTS). This is well below the consensus expectation of 9.3 million and previous months reading of 9.3 million. The current data marks a notable drop to levels not seen in over two and a half years, potentially signaling a cooling in the labor market following the unexpected positive trends in recent months, says GlobalData.
Walmart is the latest company to suspend advertising on X (formerly Twitter). The US-based retail giant joins several prominent brands, including Apple, Sony, IBM and Disney, to withdraw advertising on the social media platform, in response to Elon Musk's endorsement of an antisemitic conspiracy theory in November.
Amidst a fluctuating global economic landscape marked by improved consumer confidence and a temporary halt in rate hikes, the 2023 global real GDP growth forecast has been adjusted upward to 2.4%, backed by robust employment conditions and substantial fiscal stimulus. However, the horizon is not without challenges.
As enterprises eagerly integrate generative AI (GenAI) into their operations, the market, poised to grow from $1.8 billion in 2022 to a staggering $33 billion by 2027, faces unexpected challenges. The departure of Sam Altman as CEO of OpenAI could have profound ramifications on the evolving landscape of generative artificial intelligence (AI), says GlobalData.
The landscape of social media is undergoing a transformation as Big Tech faces challenges from privacy regulations and heightened user concerns. The industry's future rests on navigating evolving user preferences and regulatory pressures, striking a delicate balance between personalized advertising, user data privacy, and innovation, says GlobalData.
Quantum AI emerges as the next big advancement in AI development, utilizing quantum mechanics to propel capabilities beyond current limits. With a notable 14% 3-year CAGR increase in patent filings from 2020 to 2022, quantum AI has vast influence and potential across industries, reveals the Tech Foresights model of GlobalData.