By the end of 2024, 75% of organisations experimenting with AI today are expected to shift from testing AI algorithms to fully deploying them in business operations, according to a June report from technology research firm Gartner Inc. That is partly because AI provides companies with critical predictions that can drive revenue growth and reduce cost and risk, according to Gartner.
Intel Corp. Chief Information Officer Archana Deskus says artificial intelligence has become more critical to the semiconductor maker during the coronavirus pandemic.
AI is helping Intel generate insights and increase the speed at which products are tested, which has been crucial as technology initiatives were accelerated in recent months, Ms. Deskus said. The Santa Clara, Calif.-based company has also benefited from investments in data analytics and machine learning algorithms over the past decade as it contends with the pandemic’s effects on its business, she said.
