Industry Overview Artificial Intelligence (AI) & Advanced Machine Learning (ML) in BFSI Market was valued at $9.1 billion in 2024 and is anticipated to reach $62.9 billion by 2035 at a CAGR of 23.4% during the forecast period (2025-2035). AI in financial services is revolutionizing the BFSI sector as AI is assisting the financial sector […]
A revolution in Artificial Intelligence (AI) “co-pilot” technology is being rolled out through healthcare systems globally, helping doctors diagnose cancer faster and more precisely. From chest X-rays to pathology examinations, AI is serving as a reliable second opinion, improving early-stage detection and assisting overburdened medical professionals. AI-Supported
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Key Takeaways A gen AI tool, ‘Elsa’, improves FDA employee productivity by advancing functions and providing information security in a secure GovCloud framework. A tool speeding up clinical protocol reviews and scientific analyses, the first step towards the FDA’s wider AI integration strategy. The creation of Elsa required collaboration between different
FDA Introduces ‘Elsa’: A Generative AI Tool Read More »
In a significant jump for warehouse technology, Amazon has announced a move into agentic artificial intelligence (AI) to support its robots to understand and follow natural language commands. Out of its Lab126 research center, the retail giant is developing AI models that hold the promise to make robotic systems much more responsive, flexible, and human-aware.
Industry Overview AI-Based clinical trial solutions for patient matching market was valued at $231.8 million in 2024 and is projected to grow at a CAGR of 27% during the forecast period (2025-2035). The market growth is mainly attributed to increasing demand for precision medicine, growing trial complexity, inefficiencies in traditional recruitment, and regulatory pressure to
Industry Overview AI-Enabled imaging modalities market was valued at $4.8 billion in 2024 and is anticipated to reach $16.1 billion by 2035 at a CAGR of 15.4% during the forecast period (2025-2035). The market growth is facilitated by increasing incidence of chronic diseases, growing need for early diagnosis, and expanding use of Machine Learning (ML)
As the world becomes more digital, artificial intelligence (AI) is becoming a game-changer in every industry. From automating routine tasks to optimizing decision-making and facilitating real-time analytics, AI is revolutionizing how work is done. AI is far from merely replacing jobs, but can substantially improve productivity, maximize efficiency, and create new economic prospects. According to
How AI is Increasing Global Productivity: A New Era of Smart Work Read More »
Artificial Intelligence (AI) and Blockchain are two of the most innovative technologies of the 21st century. Separately, each has already changed industries such as healthcare, finance, supply chain, and cybersecurity. Nonetheless, their convergence is now producing entirely new opportunities, combining AI’s cognitive capabilities with blockchain’s decentralized trust model. In 2024 and 2025, such a combination
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In a major move from the Snowflake Summit 2025 in San Francisco, Snowflake Inc., a pioneer cloud data platform, has announced its plans to acquire Crunchy Data, a well-known open-source PostgreSQL solutions provider, in a deal valued at $250 million. This acquisition supports Snowflake’s push into the AI agent business, is
Key Takeaways A gen AI tool, ‘Elsa’, improves FDA employee productivity by advancing functions and providing information security in a secure GovCloud framework. A tool speeding up clinical protocol reviews and scientific analyses, the first step towards the FDA’s wider AI integration strategy. The creation of Elsa required collaboration between different agencies, with additional
FDA Introduces ‘Elsa’: A Generative AI Tool Read More »