Reading Time: 3 minutesBy 2030, AI is projected to contribute USD 19.9 trillion to the global economy. Busan, Korea’s second-largest city, is embracing AI through a master plan aimed at enhancing public services and fostering economic growth.
Category: Artificial intelligence
SME finance in uncertain times: Forging a path to resilience
Reading Time: 3 minutesSMEs and entrepreneurs are at an important crossroads. Recent challenges like pandemic shutdowns, high inflation, and rising interest rates persist, keeping financing conditions tight. As uncertainty grows, businesses and governments must choose: halt investments at the risk of innovation and competitiveness or find new ways to access capital.
The AI race is on: Businesses and regions off the blocks
Reading Time: 4 minutesIn 2024, AI usage surged in the EU27, with 13.5% of enterprises adopting it, spurred by accessible generative AI. However, disparities emerge as some firms and regions advance while others lag, raising concerns over increasing digital divides.