ETtech Explainer: Here’s all you need to know about AI agents and their evolving capabilities

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Artificial intelligence (AI) agents, hailed as the “next big thing” by major tech players like Google, OpenAI, and Anthropic are expected to be a major focus and trend this year.According to market research firm Roots Analysis, the global AI agent market is set to grow dramatically, from $5.29 billion in 2024 to $216.8 billion by 2035, with a compound annual growth rate (CAGR) of 40.15%.

What exactly are AI agents?

US software maker IBM offers the following definition on their website: “An artificial intelligence (AI) agent refers to a system or…



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ETtech Explainer: Here’s all you need to know about AI agents and their evolving capabilities


Artificial intelligence (AI) agents, hailed as the “next big thing” by major tech players like Google, OpenAI, and Anthropic are expected to be a major focus and trend this year.According to market research firm Roots Analysis, the global AI agent market is set to grow dramatically, from $5.29 billion in 2024 to $216.8 billion by 2035, with a compound annual growth rate (CAGR) of 40.15%.

What exactly are AI agents?

US software maker IBM offers the following definition on their website: “An artificial intelligence (AI) agent refers to a system or…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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