Quantum AI represents a ‘transformative advancement’

Quantum AI is the next frontier in the evolution of artificial intelligence, harnessing the power of quantum mechanics to propel capabilities beyond current limits.

GlobalData highlights a 14 percent compound annual growth rate (CAGR) increase in related patent filings from 2020 to 2022, underscoring the vast influence and potential of quantum AI across industries.

Adarsh Jain, Director of Financial Markets at GlobalData, emphasises the transformative nature of Quantum...

14 November 2023 | Artificial Intelligence

UK Digital Secretary orders ‘Phase Two’ probe into Nvidia-Arm merger

UK Digital Secretary Nadine Dorries has ordered a “Phase Two” probe into the proposed £29 billion merger between Nvidia and Arm.

The CMA (Competition & Markets Authority) has been investigating whether the deal is anti-competitive. In August, it declared the deal does indeed raise “serious competition concerns”.

Arm founder Hermann Hauser went further and suggested the merger would amount to “surrendering the UK’s most powerful trade weapon to the...

17 November 2021 | Legislation & Government

GlobalData: China is ahead of global rivals for AI ‘unicorns’

China is pulling ahead of global rivals when it comes to innovative AI “unicorns” that are pushing the technology forward.

Research from GlobalData has found that – of the 45 international AI unicorns identified – China has the largest share with 19 based in the country.

Priya Toppo, Analyst of Thematic Research at GlobalData, comments:

“China is a leading player in AI, with a number of established companies such as Baidu, Hikvision, iFlytek, Tencent,...

15 October 2021 | Ethics & Society

AR overtakes AI as the ‘most disruptive’ emerging technology

A new report from GlobalData finds that professionals now believe AR will disrupt their industry more than AI.

70 percent of the 2,341 respondents across 30 business sectors picked AR as disrupting their industry most out of a selection of seven emerging technologies: AI, cybersecurity, cloud computing, IoT, blockchain, and 5G.

Filipe Oliveira, Senior Analyst at GlobalData, commented: “This change in how people see AR will likely be long term, and not just a temporary...

28 July 2021 | Apple