This Week’s Top Five Stories in AI

AI Magazine takes a look at some of the biggest stories from the past few days, featuring the likes of TSMC, Ivanti, PwC, AWS and Lumen Technologies

This Week’s Top Five Stories in AI

TL;DR

  • TSMC is investing US$165bn in three semiconductor manufacturing fabs in Arizona, with production expected to begin in 2025 and continue through 2027 and the end of the decade.
  • Ivanti's Chief Legal Counsel suggests building trust in AI through transparency and educating staff, treating AI tools like new hires for evaluation and development.
  • PwC research shows that 20% of organizations capture 74% of AI-driven economic value, with leading firms embedding AI into growth strategies.
  • A report by AWS and Pearson reveals a significant AI skills gap, with only 14% of graduates feeling proficient and employers struggling to find candidates with the necessary AI skills.
  • Lumen Technologies CEO Kate Johnson states that AI agents and bots now comprise over 50% of internet traffic, requiring companies to rethink network capacity and adopt consumption-based models.