Latest News In Cloud AI - Multimodal AI Growth: Transforming Markets and Driving Innovation

Simplywall
2026.01.16 12:25
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The multimodal AI market is growing rapidly, particularly in AI-as-a-Service, benefiting small and medium-sized businesses. Generative AI leads in market share, with healthcare seeing significant growth due to AI diagnostics. North America is at the forefront of AI adoption. The global market is expected to expand from USD 3.29 billion to USD 93.99 billion by 2035. In stock news, FPT rose 6.9% after announcing its expansion into Israel, while Yonyou Network fell 8.1%. Major tech stocks like Microsoft, Alphabet, and Oracle saw slight declines. For more insights, read our Market Insights article.