Last Updated: February 01, 2024, 15:49 IST
More than a 3rd of European companies adopted synthetic intelligence in 2023 as use of generative AI surged, a report commissioned by Amazon Web Services discovered.
The European Commission, the EU government, in 2021 introduced its 2030 Digital Decade imaginative and prescient to rework the area, with 80% of the inhabitants buying fundamental digital abilities, 5G connectivity in all places and 75% of EU firms utilizing cloud providers.
In 2022, nevertheless, solely 1 / 4 of EU companies had adopted AI and a report final 12 months estimated the European Union was vulnerable to falling behind its Digital Decade objectives by ten years except the governments targeted on bridging the talents hole.
“Last year was pivotal; from Malmo to Milan, the accessibility of generative AI created an appetite for experimentation among consumers and businesses,” Tanuja Randery, Managing Director at AWS, advised Reuters.
“The accelerated uptake of AI last year has helped put Europe on track to meet its Digital Decade goals,” she mentioned.
The survey carried out by Strand Partners of over 16,000 residents and 14,000 companies discovered 38% of firms have been experimenting with AI.
The report estimated the optimistic financial affect of AI at an extra 600 billion euros, on prime of an earlier estimate of two.8 trillion euros.
