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Dr. Olumide Okunbadejo shares insights on AI advancement in a recent interview with AriseTVNetwork From revolutionizing industries to enhancing national capabilities, AI's impact is profound. Tegence leads the charge, pioneering innovations that shape our future. Discover more about the transformative power of AI with Tegence. Link to full below video https://lnkd.in/dqvRYstG #AI #Innovation #TegenceAI

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Dominance in that market, as we have seen. Venture capital funding in the US for artificial intelligence. I think we have the numbers. What was it? Was it 97.2 billion in 2021? OK, we have the numbers now. I mean, remember, yeah, OK, was 55.6 billion Q2 of this year, 47% climb from the prior quarter, highest total in two years. But as you can see, the record high was 9797 billion, almost double in 2021 and then the record low, of course, 35. Do you think it's only it's only rising? Trajectory. Can it be maintained? Yeah, you can. For how long I do not know. But the thing I know right now is the business space is awash with everyone just wants something. I, you know, people are starting to realize that the only way that they can win, that the only way that they can streamline, they can increase growth, you know, that they can bring innovation into their into their product, their business is by introducing some sort of AI. And for venture capitalists, it's sort of single thing. Do you have AI or do you not have a I? Are you going to be winning in the next few years? They're not going to be winning in the next few years. So we're going to see that happening a lot this year, maybe next year, especially with how the last language models, there's that war going on. And there's also this war going on within the business space with everyone saying if you're bringing a business model to me and you're not using AI, I might sure you're still going to be around in the next few years. So we're going to see that going on this year, maybe next year, but I don't know how long we're gonna have that upward trajectory. OK. So that's private sector money in the US. This thing so how?

Bidemi Borishade

Bidemi Borishade

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