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SPGI Jan 2025 155.000 put
- PR Newswire
S&P Global Market Intelligence Foresees Rapid Expansion of Generative AI Software Market by 2028 to $52.2 Billion
As generative artificial intelligence (AI) technology pivots from research to the monetization and product launch stages, the software part of the generative AI market is now forecast to see significant expansion, reaching $52.2 billion by 2028 with a compound annual growth rate of 58% from 2023, according to S&P Global Market Intelligence.
- Reuters
LSEG, S&P among potential bidders for data provider Preqin, sources say
The London Stock Exchange Group and S&P Global are among potential bidders for data provider Preqin, four people with knowledge of the situation said. The owners of the UK data firm that focuses on the private equity industry are considering options including a full sale of the business, and are being advised by Goldman Sachs, three of the people said. S&P already has a strategic partnership with Preqin to share data on their respective platforms.
- Reuters
Canada services sector downturn ends as new business climbs
Canada's services economy grew in May for the first time in a year as firms saw an increase in new business and hired workers at a faster pace, S&P Global Canada services PMI data showed on Wednesday. "There was a welcome return to growth in May amid evidence of a more stable demand environment benefiting Canadian service providers," Paul Smith, economics director at S&P Global Market Intelligence, said in a statement.
