This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In 2016, Andrew Ng, one of the best-known researchers in the field of AI,wroteabout the benefits of establishing a chief AI officer role in companies, as well as the characteristics and responsibilities such a role should have. It is not, and it must be considered as a strategic pillar aligned with business objectives.
Jeff Schumacher, CEO of artificialintelligence (AI) software company NAX Group, told the World Economic Forum : “To truly realize the promise of AI, businesses must not only adopt it, but also operationalize it.” He believes leaders are embracing generativeAI (genAI) for its disruptive potential, not despite it.
Amazon’s first foray into the world of accelerator programs, designed to help early-stage startups build and launch, was focused on conversational AI back in 2016. Now, seven years later, Amazon has another AI accelerator – this time led by Amazon Web Services with a focus on the newest zeitgeist: generativeartificialintelligence.
Two critical areas that underpin our digital approach are cloud and artificialintelligence (AI). When we started with generativeAI and large language models, we leveraged what providers offered in the cloud. We prioritize those workloads then migrate them to the cloud. Avnet named him CIO in 2019.
GenerativeAI has become a top priority among businesses even though IT leaders are expressing concerns about potential ethical issues posed by the technology, according to a new Salesforce survey. Various forms of AI have been used by businesses for decades. GenerativeAI is the latest major development in the field.
By Chet Kapoor, Chairman & CEO at DataStax Along with the exciting possibilities of generativeAI (genAI), there have been concerns around job (in)security and displacement. Chet successfully took Apigee public before the company was acquired by Google in 2016. ArtificialIntelligence, Machine Learning
The generativeAI differentiator Up until this point, we’ve seen customers create great products, applications, and experiences using predictive AI. But today, every customer and prospect I speak with is thinking about how generativeAI (GenAI) can benefit their business. ArtificialIntelligence, Machine Learning
He brought that experience with him to Dairyland in 2016 when he was appointed as the cooperative’s first CIO to oversee 24 power grids in Wisconsin, Iowa, Illinois, and Minnesota. One SCADA engineer, for example, started using generativeAI “to create synthetic data for testing our SCADA systems,” Melby says. “As
Santa Clara, California-based Tenstorrent was founded in 2016 and the company has since raised more than $1 billion, per Crunchbase. Export Development Canada , Healthcare of Ontario Pension Plan , Hyundai Motor Group , Baillie Gifford and other investors also participated in the deal.
More than 170 tech teams used the latest cloud, machine learning and artificialintelligence technologies to build 33 solutions. The fundamental objective is to build a manufacturer-agnostic database, leveraging generativeAI’s ability to standardize sensor outputs, synchronize data, and facilitate precise corrections.
He pointed out that the US National Institute of Standards and Technology (NIST) “has been working on new quantum-resistant methods of encryption known as post-quantum cryptography since 2016. Now, as firms push their investment into artificialintelligence (AI), and more specifically generativeAI, the focus shifts to simulating the future.
In 2023, AWS announced an expanded collaboration with Hugging Face to accelerate our customers’ generativeartificialintelligence (AI) journey. Hugging Face, founded in 2016, is the premier AI platform with over 500,000 open source models and more than 100,000 datasets.
SAP has appointed a new global head of artificialintelligence, Walter Sun, after the previous post-holder quit to found her own AI startup. For the past 18 years, Sun worked at Microsoft, most recently as VP of AI for its business and applications platform group. Sun replaces Feiyu Xu as SAP’s global head of AI.
Experimenting with the novelty Despite the heavy adoption, CIOs’ concerns about the value of AI doesn’t surprise Ryan Kane, owner of IT managed services provider Soaring Towers. Once you’ve gotten over that first hurdle and that first learning curve, there are a lot of problems that AI can solve for you.”
In addition to the existing potential for AI to cause harm, generativeAI introduces new vectors for harm that require special attention, such as prompt engineering attacks , model poisoning , and more. Already with generativeAI, compute needs and energy use have radically increased.
OpenAI has landed billions of dollars more funding from Microsoft to continue its development of generativeartificialintelligence tools such as Dall-E 2 and ChatGPT. In July 2019 it became OpenAI’s exclusive cloud provider and invested $1 billion in the company to support its quest to create “artificialgeneralintelligence.”
Artificialintelligence (AI) is an increasingly large portion of information technology investments and societal discussions. AI regulations in Europe In late 2023 the European Union (EU) created a draft AI Act, which was subsequently approved by the EU Parliament on March 13, 2024. and implications for CIOs.
As with any revolutionary technology, artificialintelligence (AI) is viewed with both optimism and fear. The optimistic outlook posits that AI is our virtual assistant, taking care of mundane, task-oriented activities so we have time to conjure up new business ideas. This means investing time and money in AI R&D.
As the generativeAI bandwagon gathers pace , Nvidia is promising tools to accelerate it still further. On March 21, CEO Jensen Huang (pictured) told attendees at the company’s online-only developer conference, GTC 2023, about a string of new services Nvidia hopes enterprises will use to train and run their own generativeAI models.
This reimposed the need for cybersecurity leveraging artificialintelligence to generate stronger weapons for defending the ever-under-attack walls of digital systems. billion user details. SAST is no different. Reverse engineering has always been a neglected side for developers and a Swiss army knife for attackers.
Pika , $80M, artificialintelligence: It never takes us long to get to an AI startup on this list. Pika, an artificialintelligence startup that generates video, raised an $80 million round led by Spark Capital that values the Palo Alto, California-based company at $470 million, per Bloomberg.
AI startup Safe Superintelligence ’s $1 billion round — for a startup that’s existed for only a few months — easily led the way. However, it wasn’t just AI that got funding in September, as biotech makes up about half the list. Founded in 2016, this is the company’s first round with a disclosed amount, per Crunchbase.
Editor’s note: This article is part of an ongoing series in which Crunchbase News interviews active investors in artificialintelligence. Now he and his firm are investing in what he sees as the next big technological shift eclipsing SaaS: The third wave of artificialintelligence companies.
This technology, leveraging artificialintelligence, offers a self-managing, self-securing, and self-repairing database system that significantly reduces the operational overhead for businesses.” These days that includes generativeAI. The allure of such a system for enterprises cannot be overstated, Lee says. “We
Check out how organizations’ enthusiasm over generativeAI is fueling artificialintelligence adoption for cybersecurity. Specifically, 36% of respondents said they haven’t yet used AI and machine learning for cybersecurity, but that they’re currently “seriously exploring” generativeAI tools.
Formation Bio, an AI-enhanced pharma company, raised a $372 million Series D led by a16z. The New York-based startup, launched in 2016 as TrialSpark, has built AI-enabled platforms and processes to accelerate drug development and clinical trials — integrating large language models, AI models and applications throughout its platform.
Founded in 2016, the company has raised more than $1.3 Rivos , $250M, semiconductor: Semiconductor startups are seeing big money, in part thanks to the explosion in generativeAI. The company develops power-optimized chips targeting the data analytics and generativeAI markets. billion, per Crunchbase.
GenerativeAI (genAI) will drive transformation across industries in the coming year. Leaders have a profound responsibility not only to harness AI’s potential but also to navigate its ethical complexities with foresight, diligence, and transparency. Chet earned his B.S. in engineering from Arizona State University.
We also discuss a qualitative study demonstrating how Layout improves generativeartificialintelligence (AI) task accuracy for both abstractive and extractive tasks for document processing workloads involving large language models (LLMs). At this event, SPIE member Light and Light-based Technologies (IYL 2015).
Liquid AI , $250M, artificialintelligence: What would a week be without a big generativeAI raise? Liquid AI locked up a whopping $250 million round led by AMD at a $2.3 The startup uses AI to help with credit underwriting with the technology providing more sophisticated and accurate scoring methods.
AlphaSense , $650M, artificialintelligence: AI-driven market intelligence platform AlphaSense raised $650 million in funding co-led by Viking Global Investors and BDT & MSD Partners at a $4 billion valuation — a 75% increase from just nine months ago. Founded in 2011, the company has raised $1.4
Founded in 2016, the company has raised $635 million, per Crunchbase. Saronic’s new round comes just about a week after Germany-based Helsing , which develops artificialintelligence software for defense, raised approximately $489 million in funding led by General Catalyst that valued the company at $5.4
By Chet Kapoor, Chairman and CEO, DataStax GenerativeAI is on everyone’s mind. With AI, we will see the compounding effects of productivity throughout society. In fact, McKinsey has referred to generativeAI as the next productivity frontier. ArtificialIntelligence, Machine Learning
Chen has also served as co-chair of O'Reilly's ArtificialIntelligence Conference since its inception in 2016. Current-generationAI and machine learning technologies rely on large amounts of data, and to the extent they can use their large user bases to create “data silos,” large companies in large countries (like the U.S.
Just last month, Helsing , which develops artificialintelligence software for defense, raised approximately $489 million in funding led by General Catalyst that values the company at $5.4 Founded in 2016, the company has raised $1 billion, per Crunchbase. billion in 2024, per Crunchbase data.
It’s already been reported that artificialintelligence chip startup Cerebras Systems has filed confidentially for an initial public offering. It’s a good time to be an AI chip developer. It also has started offering generativeAI features — because why not? Cerebras Systems : Yes, this one is kind of cheating.
Glean , $260M, artificialintelligence: Less than seven months after raising a more than $200 million Series D at a $2.2 billion valuation, the AI-enhanced work assistant and enterprise search startup raised more than $260 million in a Series E funding at a $4.6 billion valuation co-led by Altimeter Capital and DST Global.
By contrast, 2023 funding to North American and Asian startups dipped to amounts seen before 2018 and 2016, respectively. AI revolution AI startups in Europe raised $5.8 billion last year, which includes funding to foundation model companies Aleph Alpha , based in Germany, and France-based Mistral AI.
Kore.ai , $150M, artificialintelligence: Of course there’s a big round for a generativeAI startup. AI enterprise conversational platform Kore.ai Zum , $140M, transportation: AI and school buses may not seem like a natural match, but startup Zum would disagree. billion in October 2022.
With more than 6 million citizens, Los Angeles county is among the largest in the US, and Bhullar has served as county clerk CIO since 2016. There is a component of artificialintelligence here as well so that we can have machines take a look at the patterns that are coming in,” Bhullar says. “In
In the era of gen AI Bermejo joined Air Europa in 2003, and since then, he’s held various positions of responsibility in the IT department until arriving at his current role in 2016.
In addition, do you need a generativeAI policy in your company? 5 - ISACA finds most orgs need a GenAI policy, offers guidelines As a technology that’s seeing rapid evolution and robust adoption, generativeAI represents a challenge for those tasked with drafting policies for its use. Plus, the U.K.’s And much more!
In a recent interview for Apiumhub , Ben Evans, renowned software architect, expert in JVM technologies, and principal engineer at Red Hat, shared his views on the current challenges and potential problems that artificialintelligence (AI) could face in the near future. companies alone lose $136.8
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content