Bobcats Coding has compiled an AI innovation manual for corporate decision makers

By: Trademagazin Date: 2024. 02. 21. 11:00

Bobcats Coding AI has created an innovation guide for corporate decision-makers that provides an overview of the rapid rise of artificial intelligence in the investment market, as well as tangible advice for strategic planning and risk assessment for businesses interested in AI.

2023 was a milestone year for artificial intelligence (AI), which stood out as a primary sector for growth amid a broader decline in venture funding. Despite a cautious investment climate that has resulted in the lowest VC funding in most sectors in years, AI technologies have attracted significant attention and capital.

AI has become an extremely attractive field for both large companies and the SME sector. Startups that (1) reach large potential target groups, (2) address complex AI challenges, or (3) come up with solutions that further develop other AI technologies have successfully received venture capital. And companies have been duly caught up in the “gold rush” – everyone wants a piece of this profitable area, and many, even non-specifically technology companies, have immediately begun to integrate AI solutions.