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The Bites on Bytes Month in Review

MarketScale is committed to covering the stories and trends that impact B2B industries. In this month in review, we take a look back at a few of the stories that had an impact in Software & Technology and IoT.   Featured Stories:   Understanding MiCA: EU’s Next Steps Toward a Greener Cryptomining Market The cryptocurrency…

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Key takeaways

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MarketScale is committed to covering the stories and trends that impact B2B industries.

02

In this month in review, we take a look back at a few of the stories that had an impact in Software & Technology and IoT.

03

Featured Stories:   Understanding MiCA: EU’s Next Steps Toward a Greener Cryptomining Market The cryptocurrency…

MarketScale is committed to covering the stories and trends that impact B2B industries. In this month in review, we take a look back at a few of the stories that had an impact in Software & Technology and IoT.

Understanding MiCA: EU’s Next Steps Toward a Greener Cryptomining Market

The cryptocurrency industry is preparing to welcome its newest set of regulations from the largest ruling body to date, as 27 countries adopt a “uniform legal framework for crypto-assets.” The EU passed its Markets in Crypto-assets (MiCA) bill on March 14, a first draft of rules covering previously unregulated aspects of the crypto market in Europe, from legal supervision and certainty of assets to rules around the introduction of new stablecoins to the market.

And Back to the Edge

The next big solution in the computing space is the “edge.”

When you think of the word “edge,” thoughts of the end of an object or place immediately come to mind, like the blade of a knife or cliff of a mountain. In this application, however, the “end” actually means the start.

While cloud computing continues to serve its purpose of storing a computer’s system resources on-demand, its ease of use for performing and relaying data back involves much traversing.

The Evolution of the Cellular Network

The cellular network evolution is miles ahead of its early 2G and 3G days. One of the industry leaders of that evolution is Digi InternationalHarald Remmert, CTO for Cellular Solutions at Digi International spoke with Infinite IoT’s Mat Ackley and provided insights into that journey, today’s technical advancements, and the future of cellular networks.

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Software And Technology

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Anthropic and Blackstone launch Ode, a $1.5B bet that AI implementation beats model-building

Anthropic and Blackstone launch Ode, a $1.5B bet that AI implementation beats model-building

Anthropic and Blackstone have initiated Ode, a $1.5 billion joint venture aimed at integrating AI into enterprises more effectively. The venture involves embedding engineers within companies to ensure AI models are implemented rather than merely developed. This approach is supported by key investors such as Goldman Sachs and Hellman & Friedman.

  • 01Ode is a $1.5 billion venture focused on AI implementation within enterprises.
  • 02The initiative involves embedding engineers directly into companies.
  • 03The venture is backed by investors including Blackstone, Goldman Sachs, and Hellman & Friedman.

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Only 11% of S&P 500 firms have deeply integrated AI, MIT-led study finds

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A study led by MIT FutureTech and Carnegie Mellon has revealed that only 11% of S&P 500 firms have achieved deep integration of AI technologies. This finding comes despite increased interest and investment in AI following the rise of tools like ChatGPT. The study suggests that many companies are still in the early phases of adopting AI on a large scale.

  • 01Only 11% of S&P 500 companies have deeply integrated AI.
  • 02The integration of AI has not kept pace with the growing interest post-ChatGPT.
  • 03Many firms remain in early stages of AI adoption despite technological advances.

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SAP reshuffles spending and research to chase agentic AI returns

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SAP is reallocating its spending and research efforts towards agentic AI, stopping non-AI hiring and travel to focus resources. The expected return on investment for enterprise AI is predicted to increase from 16% to 21% by 2026, with agentic AI anticipated to significantly expand these returns.

  • 01SAP is freezing non-AI related hiring and travel expenses to concentrate on agentic AI development.
  • 02Enterprise AI return on investment is projected to rise from 16% to 21% by 2026.
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