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Generative AI

Generative AI Will Go Mainstream in 2024 Driven by Adoption of Specialized Custom Models and Multimodal Tool Experimentation According to GlobalData

Generative AI was a groundbreaking development last year, with the emergence of popular chatbots such as OpenAI’s ChatGPT and Google’s Bard taking the technology world by storm. However, using the large language models (LLMs) powering these chatbots has several disadvantages, hindering the adoption of the technology. For this reason, LLMs will be gradually replaced by smaller, custom language models in 2024, says GlobalData.


Travel Deal Activity

Global Travel and Tourism Sector Deal Activity Plunges 31.9% in 2023

Global travel and tourism sector witnessed the announcement of a total of 723 deals (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC)) during 2023, a decline of 31.9% compared to the 1,062 deals announced during the previous year, according to GlobalData.


Cyber Security

Threat Actors Tap Social Engineering and AI to Drive More Cyber Attacks in 2024, According to GlobalData

A major trend in cybersecurity is the speed and adeptness with which hackers adapt their techniques to take advantage of technological advances. Attacks leveraging social engineering have become more frequent and more expensive in 2023. The profitability and the ease with which social engineering-related cyber attacks are launched will drive an even higher volume of these incidents in 2024, according to GlobalData.


Generative AI

Top Five Generative AI Trends for 2024 According to GlobalData

The Evolution of This Technology Transcended Traditional Boundaries, Infiltrating Realms Such As Creative Arts, Automation, and Tailored Experiences. A Comprehensive Analysis of Influencer Discussions on Social Media Platform X Has Unveiled a Curated Selection of Focal Themes Within Generative AI.




Artificial Intelligence

GlobalData Reports Google Gemini AI Evokes Debates Among Influencers on Evaluation Criteria and GPT-4 Comparison

DeepMind Technologies Limited, doing business as Google DeepMind, has recently released its latest generative AI model 'Gemini 1.0' in three sizes for different tasks: Ultra, Pro and Nano. Subsequently, the launch has triggered intense debates among influencers on social media platform X regarding its performance relative to GPT-4, observes the Social Media Analytics Platform of GlobalData.


Tourism Destination Markets

France Set to Be Most Visited Country in the World by 2025 According to GlobalData

France is set to cement itself as the most visited country in the world, according to GlobalData, which estimates that the country will attract 93.7 million international travelers by 2025. The data and analytics company notes that this forecast will place the country ahead of competitor, Spain, which overtook France in 2021.


U.S. Employment Trends

US Employment Trend Continues to Show Weakness; Expect Below Consensus NFP of 172,000 for November 2023

The number of job openings in the US for October 2023 decreased to 8.7 million, according to the latest Job Openings and Labor Turnover Survey (JOLTS). This is well below the consensus expectation of 9.3 million and previous months reading of 9.3 million. The current data marks a notable drop to levels not seen in over two and a half years, potentially signaling a cooling in the labor market following the unexpected positive trends in recent months, says GlobalData.