AI Strategy stories
VentureCrowd has appointed Jesse Arundell to its Advisory Board to lead AI-driven innovations in private capital markets, aiming to cut fundraising times significantly.
ANZ business leaders urge prioritising AI readiness and strategy to harness its transformative potential and address key data and infrastructure challenges.
Asia-Pacific leaders show the lowest confidence in AI effectiveness globally, yet 70% report steady ROI gains from current AI investments.
Canva has integrated OpenAI's ChatGPT, enabling users to streamline design workflows with AI-powered context-aware tools directly within its platform.
Many marketers waste up to 20% of their budgets on outdated AI tools, struggling to keep pace with fast-moving social media trends and real-time data needs.
Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.
Teradata launches AI Factory, an on-premises solution integrating AI and ML tools for secure, compliant private AI in regulated sectors like healthcare and finance.
Over 40% of agentic AI projects are predicted to be cancelled by 2027 due to costs, unclear value, and risk issues, finds Gartner research.
Avoid three common pitfalls when using AI for customer experience: integrate with your systems, avoid costly overhauls, and balance speed with strategy for best results.
Only 12% of ANZ firms plan to hire AI leaders soon, as 46% cite security concerns as a major barrier to wider AI adoption despite optimism about its future impact.
Zoho launches Zia Hubs within WorkDrive to simplify analysis of unstructured business data, enhancing AI-driven insights across varied file formats globally by late 2025.
Sumitomo Mitsui Financial Group appoints Ahmed Mazhari to lead new Singapore-based AI venture, investing JPY 50 billion in generative AI as part of digital transformation.
New Zealand unveils its first national AI strategy to boost business innovation and GDP by NZD $76 billion by 2038, focusing on responsible adoption and skills.
ICS.AI appoints Dr Crispin Bloomfield to lead UK education AI, aiming to enhance student engagement and operational efficiency across institutions.
Despite growing AI investments, only 23% of Singaporean CEOs have seen expected returns, hindered by data and talent challenges, says IBM study.
Research reveals smaller UK firms and sole traders risk falling behind in AI adoption, with only 37% confident in AI skills amid a widening gap.
New Zealand has formed an AI Expert Advisory Panel led by Professor Michael Witbrock to guide responsible AI use in the public sector.
Matt Johnson of Temus highlights Singapore's AI success lies in strategic, cautious deployment and real-world learning, beyond mere prompting hype.
Despite a GBP £1 billion AI infrastructure plan, just 19% of UK executives see the country as a leader, feeling it trails behind the US and China in AI innovation.
NHS risks losing healthtech startups to Gulf states due to regulatory hurdles and stalled AI projects, warns Rhazes AI CEO Zaid Al-Fagih.