The global artificial intelligence (AI) market is projected to expand by USD 237.4 billion from 2024 to 2028, maintaining a compound annual growth rate (CAGR) of 30.07%, according to Technavio. This rapid growth is driven by increased AI adoption across industries such as retail, banking, healthcare, and manufacturing. North America leads AI market contributions, accounting for 56% of market performance, followed by Europe, APAC, South America, and the Middle East & Africa.
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TigerDC, a leader in AI-ready data center infrastructure, has appointed Mehmet Akcin, Founder & CEO of EdgeUno, to its Board of Directors. This strategic move underscores TigerDC’s commitment to innovation, leveraging Akcin’s expertise in hyperscale data centers, global networks, and emerging markets.
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AI agents are transforming industries by automating tasks, improving decision-making, and enabling businesses to operate more efficiently. However, developing AI agents remains complex and resource-intensive. Apex, an AI API platform by Arya.ai, simplifies this process by providing pre-trained AI models in NLP, computer vision, and predictive analytics, enabling developers to build robust AI solutions with ease.
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Gupshup, a global leader in Conversational AI, has launched its AI Agent Library, a suite of 15 pre-built, customizable AI Agents. These industry-specific agents enable enterprises to enhance customer engagement, accelerate revenue growth, and improve operational efficiency.
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Blend has announced the appointment of Steven Tom as Senior Vice President, Data Science & Insights (BI) P&L. This strategic hire reinforces Blend’s commitment to driving AI-powered transformation across industries. With Steven’s expertise, Blend aims to accelerate innovation in generative AI solutions for global enterprises.
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SDI Presence LLC (SDI), a leading IT services firm specializing in critical infrastructure, has announced a strategic collaboration with Hexagon's Safety, Infrastructure & Geospatial division. This partnership aims to enhance public safety dispatching and communication systems, helping agencies modernize their digital infrastructure and improve emergency response times.
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As France hosted the Global AI Action Summit 2025, Artprice by Artmarket—the world leader in art market intelligence—presented its strategic roadmap (2025-2029) and highlighted the success of its Intuitive Artmarket® AI. This move reinforces its dominance in AI-powered art market analytics.
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BlipCut, a leading innovator in video translation and localization, has integrated DeepSeek AI to refine translation accuracy, improve audio-video synchronization, and speed up processing times.
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Palo Alto Networks® , a global leader in cybersecurity, has announced the appointment of Helle Thorning-Schmidt, former Prime Minister of Denmark, and Ralph Hamers, former CEO of UBS Group AG and ING Group, to its Board of Directors. Their addition reinforces the company’s commitment to global expansion and strategic leadership in cybersecurity.
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