Generative AI Holds Significant Potential in Cancer Research

Before the generative AI boom, Moveworks was already leveraging next-generation language models to solve technical challenges in customer service. Recently, ServiceNow, a leading service management software giant, announced its acquisition of Moveworks for $2.85 billion, sparking widespread industry attention. Image Note: Image generated by AI, image licensing service provider Midjourney. Moveworks was founded in 2016 by Bhavin Shah and Vaibh...
Social media giant Meta is facing unprecedented AI infrastructure costs, with projected AI-related spending soaring to a staggering $65 billion, potentially contributing to a total annual expenditure of $119 billion! Faced with this astronomical bill, the tech giant has decided to develop its own AI chips, and has already made significant progress. Recent reports indicate that Meta is about to begin a small-scale deployment of its custom chips, signaling a gradual move away from Nvidia and its reliance on their GPUs.
According to a recent report by Market.us, generative AI is experiencing rapid expansion in the trading market. The market size is projected to grow from $245.3 million in 2024 to $2.3587 billion in 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 25.4%. This growth is primarily driven by the adoption of AI-driven trading strategies and advanced analytics. Image Note: Image generated by AI, image licensing provider Midjourney. In 2024, North America dominated the market.