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Is the gen AI bubble due to burst? CIOs face rethink ahead

CIO

Operating profit gains from AI doubled to nearly 5% between 2022 and 2023, with the figure expected to reach 10% by 2025, she adds. In the enterprise, huge expectations have been partly driven by the major consumer reaction following the release of ChatGPT in late 2022, Stephenson suggests. Wade in carefully,” he says.

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Going ‘AI native’ with in-house ChatGPT the MITRE way

CIO

Its researchers have long been working with IBM’s Watson AI technology, and so it would come as little surprise that — when OpenAI released ChatGPT based on GPT 3.5 in late November 2022 — MITRE would be among the first organizations looking to capitalize on the technology, launching MITREChatGPT a month later.

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Chat GPT 4: Know all about the latest version of popular chatbot ChatGPT

Openxcell

When ChatGPT was first introduced in November, 2022, there were mixed feelings about the technology. However everyone agreed that ChatGPT was the next technological revolution in the making. Afterall OpenAI, the company behind ChatGPT, has successfully trained a chatbot to converse in the way humans did.

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How Leading AI Startup Investors Approached Artificial Intelligence In 2023

Crunchbase News

Editor’s note: In 2023, Crunchbase News interviewed active startup investors in artificial intelligence. Over the past year, we’ve chatted with more than a half-dozen leading investors about the AI space and where they are focusing their efforts. That’s because it costs billions of dollars to develop foundation models.

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Lessons from the field: How Generative AI is shaping software development in 2023

CIO

Since ChatGPT’s release in November of 2022, there have been countless conversations on the impact of similar large language models. Solutions, like the ChatGPT chatbot, along with tools such as Github Co-Pilot, can help developers focus on generating value instead of writing boilerplate code.

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Strategies to combat GenAI implementation risks

CIO

As organizations worldwide prepare to spend over $40 billion in core IT (technology budgeted and overseen by central IT) on GenAI in 2024 (per IDC’s Worldwide Core IT Spending for GenAI Forecast, 2023-2027 , January 2024), there’s an urgent need to manage the risks associated with these investments.

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10 most in-demand generative AI skills

CIO

If any technology has captured the collective imagination in 2023, it’s generative AI — and businesses are beginning to ramp up hiring for what in some cases are very nascent gen AI skills, turning at times to contract workers to fill gaps, pursue pilots, and round out in-house AI project teams.