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Banks bet on AI to deliver digital efficiencies

CIO

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

Banking 212
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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 billion in 2022. billion in 2022.

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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.

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Top 7 generative AI use cases for business

CIO

The launch of ChatGPT in November 2022 set off a generative AI gold rush, with companies scrambling to adopt the technology and demonstrate innovation. They have a couple of use cases that they’re pushing heavily on, but they are building up this portfolio of traditional machine learning and ‘predictive’ AI use cases as well.”

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Generative AI is building the foundation of proptech’s next wave

TechCrunch

More posts by this contributor A VC shares 5 things no one told you about pitching VCs 5 factors founders must consider before choosing their VC For artificial intelligence, 2022 was a year of breakthroughs. Generative AI is building the foundation of proptech’s next wave by Ram Iyer originally published on TechCrunch

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Video security analysis for privileged access management using generative AI and Amazon Bedrock

AWS Machine Learning - AI

These services use advanced machine learning (ML) algorithms and computer vision techniques to perform functions like object detection and tracking, activity recognition, and text and audio recognition. These prompts are crucial in determining the quality, relevance, and coherence of the output generated by the AI.

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Together raises $20M to build open source generative AI models

TechCrunch

Generative AIAI that can write essays, create artwork and music, and more — continues to attract outsize investor attention. According to one source, generative AI startups raised $1.7 ” Together, launched in June 2022, is the brainchild of Vipul Ved Prakash, Ce Zhang, Chris Re and Percy Liang.