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Tech

Samsung invests in computer chip future, with new plant in Texas

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Samsung is planning to build a $17 billion dollar semi-conductor factory in Texas

The announcement from the tech giant comes amid a global shortage of chips that are used in phones, cars and other electronic devices.

Texas’ Governor, Greg Abbott says it’s the “largest foreign direct investment in the state of Texas, ever.”

The Texas plant will begin construction next year and hopes to begin operations in the second half of 2024.

The South Korean electronics giant chose the site based on a number of factors, including government incentives and the “readiness and stability” of local infrastructure.

The global chip shortage was kicked off by COVID shutdowns, which have hampered production of new vehicles and electronic devices for more than a year.

It’s also emerged as a serious US national-security concern.

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Australia’s workforce revolution sets the stage for a four-day work week

Australia’s AI Workforce Revolution: Automation Paves the Way for a Four-Day Work Week and New Job Redesigns.

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Australia’s AI workforce revolution: automation paves the way for a four-day work week.

In Short

UiPath’s report highlights the rapid shift towards “agentic automation,” where AI makes autonomous decisions, encouraging businesses to reassess roles and harness automation for productivity. This evolution may enable a four-day work week and necessitates the retraining of staff while ensuring regulations are in place for trust and compliance with AI integration.

The trend towards work reallocation is rapidly advancing, with UiPath’s new report identifying significant shifts in AI and automation.

Key insights from the report suggest a move towards “agentic automation,” where AI begins to make autonomous decisions. Yelena GalstianHead of Solutions and Customer Advisory at UiPath shares her key insights.

Organisations are encouraged to reassess existing roles and identify areas where automation can enhance productivity.

A critical aspect will be the orchestration of collaboration between human employees, AI agents, and software robots to ensure effective teamwork.

Looking ahead, the motto for businesses is to “redesign and reassign” processes while considering how AI can handle repetitive tasks, allowing human employees to focus on more complex responsibilities.

As organisations embrace these changes, we could see a potential transition to a four-day work week, made feasible through increased efficiency and productivity from AI.

For further insights into the research and methodologies for implementing AI in business, interested parties can connect with the UiPath team through their website.

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Data centres pushed to breaking point as AI demands surge

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The hidden cost of AI’s unstoppable growth

The rise of AI is pushing data centres to their limits, with increasing demands for high-resolution telemetry and greater power capacity. As AI applications grow more complex, managing these challenges efficiently has become a critical focus for industry leaders. The quest for smarter solutions is reshaping the infrastructure landscape. Luke Dalske, COO of Radix IoT, joins the program to discuss.

 

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AI’s role in transforming supply chains: Efficiency, forecasting, optimisation

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AI is transforming supply chains: enhancing efficiency, demand forecasting, delivery optimisation through advanced technologies.

Supply chain issues continue to challenge industries worldwide.

AI is increasingly seen as a solution to enhance efficiency and resilience within this sector.

To understand its impact, Jyot Singh, CEO of RTS Labs, joined to share his insights.

By utilising historical data, algorithms can predict future demand, facilitating better inventory management.

Additionally, advances in generative AI further enhance these forecasts by incorporating sentiment analysis and other factors.

AI also optimises delivery routes by analysing real-time data on traffic and weather conditions, thus reducing costs.

Companies, such as UPS, utilise technologies to streamline last-mile delivery, which is the most expensive portion of the supply chain.

AI’s role extends to improving vendor management and procurement efficiency through smart contracts and data-driven decision-making.

This helps businesses assess vendor reliability and make informed choices about allocating resources effectively.

Moreover, the digital twin technology allows businesses to simulate their supply chains virtually, testing various scenarios to identify potential disruptions.

American technological research and consulting firm Gartner predicts that by 2026, 60% of global supply chains will adopt digital twin applications, enhancing their ability to manage complex logistics.

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