Artificial Intelligence (AI) Market size was valued at USD 95.60 billion in 2021 and is projected to reach USD 1,847.50 billion by 2030, clocking a CAGR of 32.9% during the forecast period from 2022 to 2030.

        Original article: https://finance.yahoo.com/news/artificial-intelligence-ai-market-size-135900934.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADqZa1nq-BhBbCgKhqeDRv9wwgLKl_mR2pv9qG-5pVnoVTC_eLaDn9veNVEfXphwUKSHA67zmpi2pbYh2snvOIbxWwKbJhF9cju1k5X0uXlL9DHCyW8dS-D2HnJ2gtVTCkRaZtisexu8eqYhbn9koWlFu4lQrPZngjY4yKS1L9Bf   Growing urbanization, the need for efficient management & utilization of resources, demand for fast & efficient transport and commute, public safety concerns, and rising demand for a healthy environment with efficient energy consumption propel the demand for smart cities, driving the growth of the AI market. New York, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Artificial Intelligence Market by Component, Deployment, Application, and End-User Industry : Global Opportunity Analysis and Industry Forecast, 2022–2030" - Read More...

Microsoft’s future with ChatGPT creator OpenAI

Microsoft is firmly in the friend zone with OpenAI, the ChatGPT creator that's taken the tech world by storm. But, deep down, it must want to take things to the next level. Driving the news: OpenAI soon could be valued at around $29 billion via a secondary stock sale co-led by venture capital firms Founders Fund and Thrive Capital, as first reported by the...

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OpenAI, the startup behind ChatGPT, discusses tender offer that could value it at $29B

OpenAI Inc., the startup behind the artificial intelligence-powered chatbot tool ChatGPT, is the subject of a tender offer from investors that could see its valuation soar to as much as $29 billion. A report from the Wall Street Journal today claims that venture capitalist firms Founders Fund and Thrive Capital are in talks to invest in the red-hot startup in a deal that would see them purchase shares from existing OpenAI shareholders such as its employees. If the deal goes ahead,...

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Kroger, Albertsons in merger talks

          Kroger Co. is in talks about a tie-up with rival Albertsons Cos in a deal that would create a US grocery giant, people familiar with the matter said. A cash-and-stock deal valuing Albertsons at about $25 billion could be reached as soon as Thursday evening in New York, one of the people said, asking not to be identified discussing confidential information. No final decisions have been made and talks could still be delayed or falter.

The exact structure and price of...

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TikTok time for music streaming?

        TikTok parent company ByteDance is looking to expand to become a music distribution platform, WSJ citing anonymous sources. The company's Resso streaming service currently only serves India, Indonesia and Brazil. But plans are in the works to extend to over a dozen more markets, eventually going global — competing with the likes of Apple Music and Spotify. ByteDance grew 80% to $61.7 billion in 2021, and an expansion of its streaming service would further drive revenue and keep users on...

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TikTok chases Amazon with plans for U.S. fulfillment centers

          TikTok is planning to build its own product fulfillment centers in the U.S., creating an e-commerce supply chain system that could directly challenge Amazon, as indicated by more than a dozen new job openings posted in the past two weeks to LinkedIn. Why it matters: The move signifies TikTok's commitment to e-commerce as its next major revenue stream, following the explosive growth of its ads business.
  • "By providing warehousing, delivery, and customer service returns, our mission is to help sellers improve...

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Global eCommerce and Other Non-Store Retailers Market to Reach $5.7 Trillion by 2027

      Complimentary updates for one yearGlobal eCommerce and Other Non-Store Retailers Market to Reach $5.7 Trillion by 2027 - In the changed post COVID-19 business landscape, the global market for eCommerce and Other Non-Store Retailers estimated at US$2.3 Trillion in the year 2020, is projected to reach a revised size of US$5.7 Trillion by 2027, growing at a CAGR of 13.5% over the analysis period 2020-2027. eCommerce, one of the segments analyzed in the report, is projected to record a 14.6% CAGR...

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Nextech AR Receives Large 3D Model Purchase Order From Blue Chip Enterprise Customer Experiencing Record Q3 Demand in 3D Model Business As Web3.0 Demand Accelerates For Global E-Commerce Industry

        TORONTO, Sept. 20, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that the Company has received a purchase order for 7,500 3D models with over 50% already delivered and the balance expected to be delivered in early Q4, 2022. This large...

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Flora Raises $9M to Build the First Technology-driven Sustainable E-commerce Platform

        Flora provides greater access to sustainable products to over 300 thousand customers at affordable prices and saves 10 thousand tons of CO2 emissions annually. SAN FRANCISCO--(BUSINESS WIRE)--Flora, a technology-driven sustainable e-commerce platform, emerged from stealth mode today to announce that it has raised $9 million in seed funding from prominent Silicon Valley investors, including Lux Capital, Correlation Ventures, Climate Capital, and Gokul Rajaram. Flora acquires, reinvents, and grows sustainable brands with a mission to provide greater access to sustainable products...

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Shopify targets physical retailers after an overly aggressive bet on e-commerce

            Shopify Inc., Canada’s largest e-commerce company, announced Tuesday that it will start selling new hardware for brick-and-mortar retailers, as it attempts to recover from an overly aggressive bet on the speed at which the economy would move online. The device, called POS Go, resembles a smartphone and will allow retailers to provide wireless checkout anywhere in store, while also allowing merchants to view analytics and data on such things as sales, inventory and product information. It’s one of Shopify’s most significant product announcements Read More...