Scarlett Evans

1 week ago | iotworldtoday.com | Scarlett Evans

The letter comes two months after Amazon said it would spend more than $100 billion on capital expenditures this year, primarily on AIIn his annual letter to Amazon shareholders, Amazon CEO Andy Jassy said companies should be investing “aggressively” in AI as its influence continues to grow. In the letter, published earlier this month, Jassy said companies need to be integrating intelligent AI models into their customer experience frameworks or risk being left behind.

1 week ago | aibusiness.com | Scarlett Evans

The letter comes two months after Amazon said it would spend more than $100 billion on capital expenditures this year, primarily on AIIn his annual letter to Amazon shareholders, Amazon CEO Andy Jassy said companies should be investing “aggressively” in AI as its influence continues to grow. In the letter, published earlier this month, Jassy said companies need to be integrating intelligent AI models into their customer experience frameworks or risk being left behind.

1 week ago | aibusiness.com | Scarlett Evans

Investing in data readiness and talent development were highlighted as key in helping businesses meet changing AI needsA new Gartnerreport finds that by 2027, organizations will use task-specific AI models three times more than general-purpose large language models. According to the report, while general-purpose LLMs have robust language capabilities, their response accuracy declines for tasks that require an understanding of specific business domains.

1 week ago | iotworldtoday.com | Scarlett Evans

Beijing-based robotics manufacturer ForwardX has unveiled its factory that it said can produce 5,000 autonomous mobile robots per year. The factory, also based in Beijing, was first built in 2022 and was designed to handle the entire robotics production line, from assembly to testing.

1 week ago | mining-technology.com | Scarlett Evans

In March 2024, South African mining company Gold Fields approved a landmark renewables project at the St Ives mine near Kalgoorlie in Western Australia (WA). The initiative – Gold Fields’ largest renewables project to date – will integrate 42MW of wind and 35MW of solar power capacity, which is expected to cover 73% of the mine’s electricity needs and cut carbon emissions by 50%.