Forbes September 20, 2024
Antonio Valderrabanos-PhD in NLP, Founder and CEO at Bitext.
The rise of artificial intelligence (AI) has dramatically reshaped industries, fundamentally altering how companies manage and analyze their data. Valued at $196.63 billion in 2023, the global AI market is projected to grow at a compound annual growth rate (CAGR) of 36.6% through 2030, reflecting the widespread adoption of AI across various sectors.
Before the advent of specialized AI platforms, organizations faced immense challenges in storing, processing and extracting value from their data. Training machine learning models and implementing AI solutions were tasks reserved for a few tech giants capable of investing in costly infrastructure and specialized teams.
The Past: A Fragmented And Costly Landscape
Companies have traditionally had to navigate...
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