News Snapshot:
One part of artificial intelligence will have an increasing role to play, according to Morgan Stanley. The theme, which it called "Edge AI," involves running AI algorithms directly on a user's device, be it a smartphone, laptop or wearable, among other things. "2023 has been all about Generative AI, cloud, GPUs and hyperscalers, and they will remain core to the secular machine learning trend," the bank said in a November report. "However, to see AI's diffusion permeate throughout all aspects of consumer life and enterprise productivity – which we expect it to – will require workloads to be pushed to...