Google today launched AI Platform Prediction in general availability, a service that lets developers prep, build, run, and share machine learning models in the cloud. It’s based on a Google Kubernetes Engine backend and features an architecture designed for high reliability, flexibility, and low overhead latency.
IDC predicts that worldwide spending on cognitive and AI systems will reach $77.6 billion in 2022, up from $24 billion in revenue last year. Gartner agrees: In a recent survey of executives from thousands of businesses worldwide, it found that AI implementation grew a whopping 270% in the past four years and 37% in the past year alone. With AI Platform Prediction, Google adds yet another managed AI service to its portfolio, beating back competitors like Amazon, Microsoft, and IBM.