August 3, 2023
1 min read

Over one tenth of German companies using AI

The institute’s industry expert Anna Wolf said that a majority of all companies in Germany are looking into AI…reports Asian Lite News

A survey published on Wednesday showed that over ten percent of German companies are using artificial intelligence (AI) technologies to their advantage.

Up to 13.3 percent of the 9,000-odd companies involved in the survey by the Munich-based research institute ifo are using AI and another 9.2 percent are planning to use the technology which make decisions quicker through automated data analysis.

The institute’s industry expert Anna Wolf said that a majority of all companies in Germany are looking into AI.

Although AI is gaining popularity among German companies, applications vary in different industries, the survey indicated.

The manufacturing industry has emerged as the quickest to embrace the AI with around 30 percent of all the companies using or planning to use it. On the other hand, there is not even discussion of AI so far in as much as 60 percent of the construction companies in Germany.

ALSO READ-Australia’s PM stands firm against US on Assange’s prosecution

Previous Story

UK names Casey as new Russia envoy

Next Story

Russian drone strikes damages port infrastructure in Odesa

Latest from -Top News

Modi Mania Grips Canada

This is PM Modi’s first visit to Canada after a year marked by diplomatic tensions…reports Asian Lite News As Prime Minister Narendra Modi gears up for his visit to Canada for the

Modi’s 3-Nation Mission Begins

This three-nation tour is also an opportunity to thank partner countries for their steadfast support to India in our fight against cross-border terrorism…reports Asian Lite News Ahead of his departure for a

Pentagon Labels China Top Threat

Hegseth told a House defence panel that Beijing is preparing for war in the Indo-Pacific to assert regional and global dominance. US Secretary of Defence Pete Hegseth stated on Tuesday that China

NTSB to probe Air India crash

The National Transportation Safety Board stated that as per protocols, all information on the investigation will be provided by India National Transportation Safety Board (NTSB), an independent US government agency tasked with
Go toTop

Don't Miss

Musk, Netanyahu hold discussion on AI

The Israeli Prime Minister is also scheduled to meet US

AI and Surgical Advancements Discussed in Belgium symposium

The Vattikuti Foundation has chosen several young surgeons and fellows