Amenity Technologies

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AI

Named Entity Recognition (NER): Meaning, Methods, Use Cases, and Challenges

Do you know how a finance tool instantly spots company names, earnings figures, or locations in reports? Named entity recognition makes that possible by converting raw text into structured data. Leading models like BERT‑large and LUKE score between 92% to 94% F1 on the CoNLL-2003 benchmark. Lighter models like DistilBERT can still achieve over 95% […]

Categories
AI

Why AI as a Service Companies Are Gaining Traction Among Startups and Enterprises?

AI as a Service (AIaaS) is rapidly transforming how businesses access and utilize artificial intelligence. In 2025, the global AIaaS market is projected to grow from $20.26 billion to $91.20 billion by 2030, reflecting a compound annual growth rate (CAGR) of 35.1% . This surge is driven by the increasing need for scalable, cost-effective AI […]