New York Times (January 3)
“Researchers at M.I.T. concluded last summer that while organizations had invested from $30 billion to $40 billion into A.I., they had basically nothing to show for it. Ninety-five percent of organizations were getting zero return.” 2026 may be the year that “more disruptive uses of A.I. will make it out of the R&D stage. And we may get a better understanding of what this sort of advancement means across professions and industries.”
Tags: $40 billion, 2026, A.I., Advancement, Disruptive uses, Industries, Invested, M.I.T., Organizations, Professions, R&D stage, Researchers, Understanding, Zero return
Bloomberg (June 21)
“The Development Bank Of Japan, which has supported companies with funding during the pandemic, is gearing up to boost sustainable financing.” With over $40 billion earmarked for sustainable purposes, the Bank will take pains to “scrutinize the use of funds to ensure companies aren’t greenwashing.”
Tags: $40 billion, Companies, DBJ, Earmarked, Funding, Greenwashing, Pandemic, Scrutinize, Sustainable financing
