ARTIFICIAL intelligence (AI) and machine learning (ML) have rapidly matured over the years and are already the norm in many fields, helping companies deploy smart systems of engagement to improve efficiency, enhance security, gain insights, and deliver superior customer experiences.Source: Digitalnewsasia
According to a report by Tata Consultancy Services, 68% of Indian companies use artificial intelligence (AI) for IT functions, but 70% believe AI's greatest impact will be in functions outside of IT such as marketing, customer service, finance and HR by 2020. Also, the majority of companies see AI as transformative and consider it crucial to remaining competitive in future. The primary goal of all AI-enabled innovation is to minimize human labor and augment human capability to the maximum extent possible.Source: VCCircle
ARTIFICIAL intelligence (AI) in Malaysia is progressing by huge strides. The recent announcement of the first AI fund in Malaysia by Kenanga Investors, as well as Al Rajhi Bank's initiative to use AI to boost their anti-money laundering (AML) efforts, as just some examples of the immediate benefits that AI already has in the business world.Source: Digital News Asia
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