AI Strategy stories
New Zealand has formed an AI Expert Advisory Panel led by Professor Michael Witbrock to guide responsible AI use in the public sector.
TBWA New Zealand launches TBWA\i, a new AI-focused practice designed to help brands integrate AI for unique strategic and creative growth.
Asia-Pacific leaders show the lowest confidence in AI effectiveness globally, yet 70% report steady ROI gains from current AI investments.
Canva has integrated OpenAI's ChatGPT, enabling users to streamline design workflows with AI-powered context-aware tools directly within its platform.
Many marketers waste up to 20% of their budgets on outdated AI tools, struggling to keep pace with fast-moving social media trends and real-time data needs.
Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.
Teradata launches AI Factory, an on-premises solution integrating AI and ML tools for secure, compliant private AI in regulated sectors like healthcare and finance.
Over 40% of agentic AI projects are predicted to be cancelled by 2027 due to costs, unclear value, and risk issues, finds Gartner research.
Avoid three common pitfalls when using AI for customer experience: integrate with your systems, avoid costly overhauls, and balance speed with strategy for best results.
Only 12% of ANZ firms plan to hire AI leaders soon, as 46% cite security concerns as a major barrier to wider AI adoption despite optimism about its future impact.
Zoho launches Zia Hubs within WorkDrive to simplify analysis of unstructured business data, enhancing AI-driven insights across varied file formats globally by late 2025.
By 2027, AI agents will automate or augment half of all business decisions, driving faster, smarter outcomes but requiring strong governance, says Gartner.
Kore.ai and TeKnowledge have partnered to help enterprises scale AI adoption beyond pilots, enhancing customer service and business operations globally.
UK organisations' AI maturity score dropped 9 points to 35 despite rising investments and over 100 AI projects launched by 56% of businesses surveyed.
VentureCrowd has appointed Jesse Arundell to its Advisory Board to lead AI-driven innovations in private capital markets, aiming to cut fundraising times significantly.
Despite growing AI investments, only 23% of Singaporean CEOs have seen expected returns, hindered by data and talent challenges, says IBM study.
Research reveals smaller UK firms and sole traders risk falling behind in AI adoption, with only 37% confident in AI skills amid a widening gap.
Matt Johnson of Temus highlights Singapore's AI success lies in strategic, cautious deployment and real-world learning, beyond mere prompting hype.
Despite a GBP £1 billion AI infrastructure plan, just 19% of UK executives see the country as a leader, feeling it trails behind the US and China in AI innovation.
NHS risks losing healthtech startups to Gulf states due to regulatory hurdles and stalled AI projects, warns Rhazes AI CEO Zaid Al-Fagih.