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Friday, May 3, 2024

Most large firms seen using AI by 2025

Mr Hu delivers the keynote address at the Mobile World Congress Shanghai 2021.

By 2025, 97% of large companies globally will make use of artificial intelligence (AI) technology while 60% of global carrier revenue will come from industrial customers, says Ken Hu, deputy chairman of global tech powerhouse Huawei Technologies.

He was speaking at the opening ceremony of Mobile World Congress Shanghai 2021, an online and offline forum hosted by Huawei under the theme of “Connected for Shared Prosperity”.

Some 55% of China’s GDP will be driven by the digital economy as opportunities abound in digital transformation, he noted.

All industries should focus on improving their capabilities, building out the ecosystem and creating value with digital technology, he said.

According to Mr Hu, there is concern about the…

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