Crunchbase News

NOVEMBER 13, 2024

By Bob Ma According to a report by McKinsey , generative AI could have an economic impact of $2.6 Bob Ma of Copec Wind Ventures AI’s eye-popping potential has given rise to numerous enterprise generative AI startups focused on applying large language model technology to the enterprise context.

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CIO

NOVEMBER 26, 2024

Generally, medical centers are crowded with people and there are long waits to be treated. Artificial Intelligence can reduce these times through data scanning, obtaining reports or collecting patient information. AI could change the game with a preventive approach.

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CIO

JANUARY 12, 2025

The UAEs vision for AI is encapsulated in its National AI Strategy 2031, which aims to position the country as a global leader in AI by integrating it across various sectors. This strategy is not just a roadmap but a testament to the UAEs forward-thinking approach to harnessing the power of AI for socio-economic growth.

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CIO

NOVEMBER 27, 2024

Today, enterprises are leveraging various types of AI to achieve their goals. Adopting Operational AI Organizations looking to adopt Operational AI must consider three core implementation pillars: people, process, and technology. The team should be structured similarly to traditional IT or data engineering teams.

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CIO

NOVEMBER 19, 2024

As enthusiasm for AI and generative AI mounts, creating a winning AI strategy to help reduce operating costs and increase efficiency is easily topping the priority list for IT executives. There’s little question businesses are ready to reap the rewards of AI. in the same timeframe. in the same timeframe.

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CIO

DECEMBER 3, 2024

“A certain level of understanding when it comes to AI is required, especially amongst the executive teams,” he says. But it’s important to understand that AI is an extremely broad field and to expect non-experts to be able to assist in machine learning, computer vision, and ethical considerations simultaneously is just ridiculous.”

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CIO

JANUARY 6, 2025

They want to expand their use of artificial intelligence, deliver more value from those AI investments, further boost employee productivity, drive more efficiencies, improve resiliency, expand their transformation efforts, and more. I am excited about the potential of generative AI, particularly in the security space, she says.

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CIO

APRIL 9, 2025

Since the AI chatbots 2022 debut, CIOs at the nearly 4,000 US institutions of higher education have had their hands full charting strategy and practices for the use of generative AI among students and professors, according to research by the National Center for Education Statistics. Even better, it can be changed easily.

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CIO

MARCH 14, 2025

But the increase in use of intelligent tools in recent years since the arrival of generative AI has begun to cement the CAIO role as a key tech executive position across a wide range of sectors. In this way, the entire organization can take advantage of the optimal adoption of AI as well as enhance the scope of use cases.

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CIO

NOVEMBER 6, 2024

Artificial intelligence has moved from the research laboratory to the forefront of user interactions over the past two years. Whether summarizing notes or helping with coding, people in disparate organizations use gen AI to reduce the bind associated with repetitive tasks, and increase the time for value-acting activities.

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CIO

DECEMBER 19, 2024

Back in 2023, at the CIO 100 awards ceremony, we were about nine months into exploring generative artificial intelligence (genAI). Another area where enterprises have gained clarity is whether to build, compose or buy their own large language model (LLM). We were full of ideas and possibilities.

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CIO

NOVEMBER 27, 2024

The transformative power of AI is already evident in the way it drives significant operational efficiencies, particularly when combined with technologies like robotic process automation (RPA). Ensuring these elements are at the forefront of your data strategy is essential to harnessing AI’s power responsibly and sustainably.

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AWS Machine Learning - AI

NOVEMBER 7, 2024

While organizations continue to discover the powerful applications of generative AI , adoption is often slowed down by team silos and bespoke workflows. To move faster, enterprises need robust operating models and a holistic approach that simplifies the generative AI lifecycle.

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CIO

DECEMBER 5, 2024

Combined with an April IDC survey that found organizations launching an average of 37 AI POCs, the September survey suggests many CIOs have been throwing the proverbial spaghetti at the wall to see what sticks, says Daniel Saroff, global vice president for consulting and research services at IDC.

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AWS Machine Learning - AI

DECEMBER 11, 2024

In this post, we illustrate how EBSCOlearning partnered with AWS Generative AI Innovation Center (GenAIIC) to use the power of generative AI in revolutionizing their learning assessment process. The evaluation process includes three phases: LLM-based guideline evaluation, rule-based checks, and a final evaluation.

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CIO

MARCH 20, 2025

Global competition is heating up among large language models (LLMs), with the major players vying for dominance in AI reasoning capabilities and cost efficiency. OpenAI is leading the pack with ChatGPT and DeepSeek, both of which pushed the boundaries of artificial intelligence.

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CIO

OCTOBER 24, 2024

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. This spending on AI infrastructure may be confusing to investors, who won’t see a direct line to increased sales because much of the hyperscaler AI investment will focus on internal uses, he says.

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CIO

MARCH 18, 2025

By Bryan Kirschner, Vice President, Strategy at DataStax. In an experiment, generative AI (genAI) outperformed doctors at crafting empathetic patient communications. What are 10 empathic ways generative AI could help them in their day-to-day lives? It looks to be giving a hand to people who need one already.

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AWS Machine Learning - AI

OCTOBER 29, 2024

This engine uses artificial intelligence (AI) and machine learning (ML) services and generative AI on AWS to extract transcripts, produce a summary, and provide a sentiment for the call. Many commercial generative AI solutions available are expensive and require user-based licenses.

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CIO

MAY 30, 2024

Generative AI is poised to disrupt nearly every industry, and IT professionals with highly sought after gen AI skills are in high demand, as companies seek to harness the technology for various digital and operational initiatives.

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CIO

AUGUST 9, 2024

As business leaders look to harness AI to meet business needs, generative AI has become an invaluable tool to gain a competitive edge. What sets generative AI apart from traditional AI is not just the ability to generate new data from existing patterns. Take healthcare, for instance.

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CIO

DECEMBER 17, 2024

As CIO of Avnet one of the largest technology distributors and supply chain solution providers Im responsible for the organizations IT stack and oversee digital transformation and strategy. Two critical areas that underpin our digital approach are cloud and artificial intelligence (AI).

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CIO

JANUARY 13, 2025

To keep ahead of the curve, CIOs should continuously evaluate their business and technology strategies, adjusting them as necessary to address rapidly evolving technology, business, and economic practices. Most of all, the following 10 priorities should be at the top of your 2025 to-do list.

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CIO

JANUARY 30, 2025

While most provisions of the EU AI Act come into effect at the end of a two-year transition period ending in August 2026, some of them enter force as early as February 2, 2025. Support for compliance The AI Pacts voluntary commitments are based on the European Commissions call for compliance with at least three key tasks.

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CIO

NOVEMBER 11, 2024

Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. Those bullish numbers don’t surprise many CIOs, as IT leaders from nearly every vertical are rolling out generative AI proofs of concept, with some already in production.

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AWS Machine Learning - AI

NOVEMBER 12, 2024

In this blog post, we demonstrate prompt engineering techniques to generate accurate and relevant analysis of tabular data using industry-specific language. This is done by providing large language models (LLMs) in-context sample data with features and labels in the prompt.

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CIO

NOVEMBER 4, 2024

Artificial Intelligence (AI), a term once relegated to science fiction, is now driving an unprecedented revolution in business technology. From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digital transformation. Nutanix commissioned U.K. Nutanix commissioned U.K.

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CIO

JULY 30, 2024

The launch of ChatGPT in November 2022 set off a generative AI gold rush, with companies scrambling to adopt the technology and demonstrate innovation. For many enterprises the return on investment for gen AI is elusive , he says. Many AI experts say the current use cases for generative AI are just the tip of the iceberg.

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CIO

SEPTEMBER 26, 2024

Perhaps the most exciting aspect of cultivating an AI strategy is choosing use cases to bring to life. This is proving true for generative AI, whose ability to create image, text, and video content from natural language prompts has organizations scrambling to capitalize on the nascent technology.

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CIO

NOVEMBER 7, 2024

Just as Japanese Kanban techniques revolutionized manufacturing several decades ago, similar “just-in-time” methods are paying dividends as companies get their feet wet with generative AI. We activate the AI just in time,” says Sastry Durvasula, chief information and client services officer at financial services firm TIAA.

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CIO

MAY 3, 2024

United Parcel Service last year turned to generative AI to help streamline its customer service operations. The LLM gives agents the ability to confirm all responses suggested by the model. Built to extend For UPS, contact center use of generative AI is just a springboard.

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CIO

DECEMBER 9, 2024

The transformative impact of artificial intelligence (AI)and, in particular, generative AI (GenAI)emerged as a defining theme at the CSO Conference & Awards 2024: Cyber Risk Management. The technological dimensions of AI adoption added another layer of complexity to the conversations.

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CIO

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. With Databricks, the firm has also begun its journey into generative AI.

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CIO

JANUARY 14, 2025

Spoiler alert: The solution we will explore in this two-part series is generative AI (GenAI). Current strategies to address the IT skills gap Rather than relying solely on hiring external experts, many IT organizations are investing in their existing workforce and exploring innovative tools to empower their non-technical staff.

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CIO

NOVEMBER 19, 2024

All industries and modern applications are undergoing rapid transformation powered by advances in accelerated computing, deep learning, and artificial intelligence. The next phase of this transformation requires an intelligent data infrastructure that can bring AI closer to enterprise data.

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