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All issuesVolume 321, Issue 2IT NewsAI

S&P: AI's Journey From Promise To Practice

Techstrong.ai, Thursday, December 12th, 2024

Artificial intelligence (AI) is getting real in corporate America. Two studies on Thursday make the case that the hype is slowly turning to reality.

Although development and application of the technology is still nascent, AI is gaining traction in the form of multimodal AI, edge AI, causal AI and agentic AI at U.S. businesses, according to an S&P Global Ratings report published Thursday.

The report, 'AI's Shift From Promise To Practice,' notes investment trends and human talent will be central to the course of AI, leading to increased applications of new technologies, and the management of existing data-management systems to optimize operational efficiencies.

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