According to Forbes Advisor, the artificial intelligence market is expected to reach $407 billion by 2027. In addition, 64% of businesses believe that AI will help increase their overall productivity, which indicates a growing confidence in its potential to transform business operations. Homayoun Valafar, director of the Artificial Intelligence Institute of South Carolina (AIISC) and chair of the Department of Computer Science and Engineering, is looking forward to leading efforts for the institute to provide resources and outreach opportunities to the university and Columbia area communities. Read full article here.