Artificial intelligence and machine learning technologies

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Reference no: EM133576212

Question

Artificial intelligence (AI) and machine learning (ML) technologies have the potential to reshape business practices. They could bring transformative changes by enhancing manufacturing processes, identifying business flaws, and facilitating predictive analytics. These technologies are particularly powered by semiconductors, which are at the core of the ongoing technological revolution. Semiconductors are integral to a wide range of advanced devices such as automobiles, televisions, appliances, smartphones, and advanced weaponry. Chang Xie, a computer enthusiast, believes she has a brilliant concept to simplify the intricate semiconductor production processes. Todd, initially doubtful, eventually saw the profit potential in Chang's ideas after discussing them. Following four months of dedicated effort, they jointly presented their concepts to RedTek, a major Canadian tech company. To their astonishment, RedTek expressed interest in funding their startup and advancing their innovation. However, before proceeding, RedTek requires a more comprehensive understanding of their invention. In light of this situation, respond to the subsequent questions 1. Assuming they want to start a business, how should Xie and Todd structure their business and why? You need to be very specific and clear in your advice. Before you make your decision, consider the following factors: · Chang and Todd might need to raise more.

Reference no: EM133576212

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