As AI spending continues to rise, by Q3 2024, AI companies constituted 37% of all VC investments, emphasizing the financial and operational impact of AI in tech.
Jeff Watkins, CTO at CreateFuture, cautions that the inflated valuations in the AI market won’t last forever; as some players exit, others will focus on cost efficiency.
Steven Webb of Capgemini UK notes a pivotal shift towards small language models (SLMs), which are more affordable, consume fewer resources, and cater to specific industry needs.
As data security concerns mount, improving data lineage tracking and access restrictions has become essential, representing a key challenge in the evolving AI landscape.
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