Estimated downtime cost individual firms up to US$2m.
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AI adoption has skyrocketed over the past years as businesses and individuals increasingly integrate AI-powered tools into everyday life. In 2020, less than 116 million people used AI daily, a figure that nearly tripled to 314 million last year. But the momentum is far from slowing down, with projections showing tens of millions of new users embracing AI this year.
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Broadcom reveals new research on the state of sovereign cloud in Europe from Johan David Michels of Queen Mary University of London. Michels’ report, titled ‘Sovereign Cloud for Europe’ and produced with support from Broadcom, unpacks growing opportunities for European Cloud Service Providers.
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Other key findings include a resurgence of cryptomining malware, an increase in signature-based and social engineering attacks, and increased malware attacks across EMEA.
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Lack of expertise is the top barrier to AI adoption.
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A new industry report on compliance in the UK reveals a striking paradox: while 58% of businesses cite manual processes as their biggest challenge, 57% still haven’t adopted AI to ease the burden.
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