More companies are offering AIaaS so that small and medium sized companies can adopt and use AI.
"When it comes to artificial intelligence (AI) adoption, there is a growing gap between the haves and the have-nots.
According to IBM, the global AI adoption rate went up by 4 percentage points in 2022, reaching nearly 35%. However, the study also found that the gap in AI adoption between larger and smaller companies also grew significantly in the past year. ...
The global AIaaS market is poised to exceed $41 billion by 2025, nearly five times the size of today’s market, according to NASSCOM. AIaaS is often built on big cloud providers including IBM, SAP SE, Google, AWS, Salesforce, Intel and Baidu, but there are also a handful of startups offering solutions. Most recently, California-based API startup Assembly AI launched an AI-powered API to convert audio or video to text. Offered as an AIaaS model, the API empowers developers by aiding in-model development for transcribing, understanding and analyzing the audio data. ..."
The global AIaaS market is poised to exceed $41 billion by 2025, nearly five times the size of today’s market, according to NASSCOM. AIaaS is often built on big cloud providers including IBM, SAP SE, Google, AWS, Salesforce, Intel and Baidu, but there are also a handful of startups offering solutions. Most recently, California-based API startup Assembly AI launched an AI-powered API to convert audio or video to text. Offered as an AIaaS model, the API empowers developers by aiding in-model development for transcribing, understanding and analyzing the audio data. ..."
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