Technology

$1.8 Billion Industry That You May Not Know About.

In the age of Artificial Intelligence (AI), data is the lifeblood that powers the algorithms and models shaping our modern world. Behind every successful AI system is a vast amount of meticulously annotated data. Welcome to the $1.8 billion Data Annotation Industry, the often-overlooked sector that has become an essential force driving AI advancements, and it's showing no signs of slowing down with an astonishing annual growth rate of 25%.

Alibaba's Bold Move: Investing $53 Billion to Build Artificial General Intelligence.

Artificial intelligence (AI) is rapidly transforming industries, and major tech giants are in a fierce race to dominate this field. One of the latest and most ambitious moves comes from Alibaba, which has announced an unprecedented push toward developing Artificial General Intelligence (AGI)—a form of AI capable of reasoning and problem-solving like a human. To achieve this, Alibaba plans to invest a staggering 380 billion yuan ($53 billion) in AI and cloud computing over the next three years.