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Bank of America’s big bet on AI started small

CIO

Bank of America will invest $4 billion in AI and related technology innovations this year, but the financial services giants 7-year-old homemade AI agent, Erica, remains a key ROI generator , linchpin for customer and employee experience , and source of great pride today.

Banking 169
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LexisNexis rises to the generative AI challenge

CIO

IT leaders looking for a blueprint for staving off the disruptive threat of generative AI might benefit from a tip from LexisNexis EVP and CTO Jeff Reihl: Be a fast mover in adopting the technology to get ahead of potential disruptors. We use AWS and Azure. But the foray isn’t entirely new. We will pick the optimal LLM.

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Incorporate offline and online human – machine workflows into your generative AI applications on AWS

AWS Machine Learning - AI

Recent advances in artificial intelligence have led to the emergence of generative AI that can produce human-like novel content such as images, text, and audio. An important aspect of developing effective generative AI application is Reinforcement Learning from Human Feedback (RLHF).

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The 10 Biggest Rounds Of November: xAI And Anthropic Raise Billions Again

Crunchbase News

Last month, xAI and Anthropic raised a combined $9 billion as AI funding remained red-hot. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a round valuing it at $50 billion, The Wall Street Journal reported. Vista bought LogicMonitor in May 2018 for about $415 million. billion in 2021.

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The journey of PGA TOUR’s generative AI virtual assistant, from concept to development to prototype

AWS Machine Learning - AI

Generative artificial intelligence (generative AI) has enabled new possibilities for building intelligent systems. Recent improvements in Generative AI based large language models (LLMs) have enabled their use in a variety of applications surrounding information retrieval.

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Generative AI in the Enterprise

O'Reilly Media - Ideas

Generative AI has been the biggest technology story of 2023. And everyone has opinions about how these language models and art generation programs are going to change the nature of work, usher in the singularity, or perhaps even doom the human race. Many AI adopters are still in the early stages. What’s the reality?

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The Week’s Biggest Funding Rounds: xAI And Anthropic Headline Big Week For AI (Again)

Crunchbase News

Of course, it was led by two well-known AI startups — including xAI , which had its second massive haul of cash in just six months. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a funding round valuing it at $50 billion, The Wall Street Journal reported. The immediate investment was $1.25