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VCs continue to pour dollars into generative AI

TechCrunch

The appetite for generative AIAI that turns text prompts into images, essays, poems, videos and more — is insatiable. According to a PitchBook report released this month, VCs have steadily increased their positions in generative AI, from $408 million in 2018 to $4.8 million in 2018. DeepMind ).

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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. This is where some of our initial work with AI started,” Reihl says. “We We use AWS and Azure.

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ChatGPT, the rise of generative AI

CIO

Over the last few months, both business and technology worlds alike have been abuzz about ChatGPT, and more than a few leaders are wondering what this AI advancement means for their organizations. It’s only one example of generative AI. GPT stands for generative pre-trained transformer. What is ChatGPT?

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How generative AI impacts your digital transformation priorities

CIO

During keynotes and discussions with CIOs, I remind everyone how strategic priorities evolve significantly every two years or less, from growth in 2018, to pandemic and remote work in 2020, to hybrid work and financial constraints in 2022.

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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 people and AI that fuel Repsol’s digitalization

CIO

Repsols current digital program has more than 670 digital cases underway, of which 400 have been supported by AI and 34% are in mature operation. A sure bet on gen AI Since 2018, the company put a lot of focus on data and AI, and scaled it throughout the organization with the ambition to become moredata-driven.

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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.