The global AI market size is projected to grow from USD 387.45 billion in 2022 to USD 1394.30 billion in 2029 at a CAGR of 20.1% in the forecast period. Growing investment in AI technology by enterprises of all sizes across industries to garner momentum in the next several years. Fortune Business Insights™ published this information in its recent report, titled “Artificial Intelligence Market Forecast, 2022-2029.” As per the report, the global market size was USD 328.34 billion in 2021.
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AI

HWAL Discusses first dividend to be issued in Melody Trust LLC
Hollywall Entertainment, Inc. (“Hollywall” or “HWAL”) (OTC Pink: HWAL) announces the first dividend event. HWAL has recently transferred its Music catalog assets to Melody Trust LLC. www.melodytrust.com This corporate action entails Melody Trust LLC issuing 95% of its LLC unit interest to HWAL shareholders on the basis of one unit in Melody Trust will be…
Hollywall Entertainment, Inc. Announces Major Transaction Involving Music Assets, Unleashing Potential of NFTs and Blockchain, and Stock Dividend to Create Additional Value for Shareholders”
WASHINGTON DC—July 25, 2023. Hollywall Entertainment, Inc. (“Hollywall” or “HWAL”) (OTC Pink: HWAL) is pleased to announce the completion of a transaction involving the sale of assets from its music catalog (the “Catalog”) to Melody Trust, Inc. (“Melody”), https://melodytrust.com. As a result of this transaction a stock dividend will be distributed to HWAL shareholders.
Machine-learning models, guided by physics, will improve subsurface imaging
A team of scientists at Los Alamos National Laboratory is applying machine-learning algorithms to subsurface imaging that will impact a variety of applications, including energy exploration, carbon capture and sequestration, and estimating pathways of subsurface contaminant transport, according to new research published in IEEE Signal Processing Magazine. “The subsurface is extremely complex and full of…
EEOC Hearing Explores Potential Benefits and Harms of Artificial Intelligence and other Automated Systems in Employment Decisions
Today, the U.S. Equal Employment Opportunity Commission (EEOC) held a public hearing to examine the use of automated systems, including artificial intelligence (AI), in employment decisions. Increasingly, employers are using automated systems to make employment decisions, including the recruitment, hiring, monitoring, and firing of workers. During the hearing, titled “Navigating Employment Discrimination in AI and…
DoD artificial intelligence agents successfully pilot fighter jet
A joint Department of Defense team executed 12 flight tests in which artificial intelligence, or AI, agents piloted the X-62A Variable Stability In-Flight Simulator Test Aircraft, or VISTA, to perform advanced fighter maneuvers at Edwards Air Force Base, Calif., Dec. 1-16, 2022. Supporting organizations included the U.S. Air Force Test Center, the Air Force Research…
U.S. Strategic Command JEMSO Leaders Host Technical Interchange Meeting
Members of U.S. Strategic Command’s Advanced Warfare Capabilities Division (J81) for Electromagnetic Spectrum (EMS) Modeling and Simulation (M&S) hosted a Technical Interchange Meeting on Jan, 10-11, bringing together more than 40 M&S specialists from government, academia, and business to chart a course for the future of EMS campaign modeling, simulation, and analysis. “Our task is…
NASA Turns to AI to Design Mission Hardware
Spacecraft and mission hardware designed by an artificial intelligence may resemble bones left by some alien species, but they weigh less, tolerate higher structural loads, and require a fraction of the time parts designed by humans take to develop. “They look somewhat alien and weird,” Research Engineer Ryan McClelland said, “but once you see them…
GSA launches AI Challenge to drive better healthcare outcomes
Yesterday, the U.S. General Services Administration (GSA) launched the Applied AI Healthcare Challenge, a prize competition seeking diverse and practical solutions to help federal agencies provide the highest level of medical care. This challenge focuses on improving healthcare outcomes in these areas: Mental Health: AI technologies applied to mental health data to identify potential treatments.…