We recently published a list of 15 AI News Updates Investors Should Not Miss. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOG) stands against other AI news updates investors should not miss.
A latest report into the adoption of AI in the United Kingdom has revealed that even though a lot of companies are using AI, only a few have integrated the new technology into their manufacturing processes. The study, called The Future Factories was carried out earlier this year in collaboration with design software giant Autodesk. The report warns that the lack of confidence in digital technologies and AI means companies in the UK are at risk of missing out on innovation and productivity gains. It also proposes how government initiatives and regulation can support the adoption of new technologies.
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The report further highlights that manufacturers were mostly using AI to manage their energy usage and reduce waste. It added that some of the manufacturing sectors in which AI was being used were predictive maintenance and supply chain optimization. Per a survey cited in the study, the biggest benefits manufacturers cited were increased efficiency, improved productivity, and automation of routine tasks. The research highlights that the benefits show the importance of lowering the barrier to entry for these technologies and the untapped potential in this field for small manufacturers.
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Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google. Latest reports, published by tech news platform NoMusica, claim that Google researchers have made a major breakthrough in quantum computing using artificial intelligence. Per the report, the new system, named AlphaQubit, can reduce errors in quantum computers, making them more reliable for real-world use. AI strategies employed by Google identify and correct errors in quantum computers with high accuracy, reducing them by up to 30% compared to older methods.