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

CIO

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. million to roll out, with a recurring annual budget hit of $8,000 to $11,000 per user. For example, a gen AI virtual assistant can cost $5 million to $6.5

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5 hot IT budget investments — and 2 going cold

CIO

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. The company is embedding AI into each level of the tech stack it sells to customers, he says. “We

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Artificial Intelligence 101: What It Is, Its Evolution and Potential Jobs

Apiumhub

Artificial Intelligence 101 has become a transformative force in many areas of our society, redefining our lives, jobs, and perception of the world. Artificial Intelligence 101: What is Artificial Intelligence?

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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

There is a promising surge in the use of AI technologies across various industries. This transition has propelled AI and machine learning to the forefront, with 51% of CIOs identifying these technologies as among their most urgent priorities, alongside cybersecurity, highlighting their crucial role in driving organizational success.

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Achieving CIOs’ top investment priorities requires filling the tech skills gap

CIO

C-suites expect big things from IT in 2024, and they’re investing additional money to realize their technological goals. In the Foundry “State of the CIO Study 2024,” more than half (54%) of the surveyed CIOs said their budget would grow this year and only 11% said they would shrink. Encourage participation in hackathons.

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SAP offers AI to all Rise customers — in unknown, varying amounts

CIO

SAP has announced enhancements to Rise with SAP S/4HANA Cloud Private Edition, giving customers of both of its commercial tiers access to SAP’s artificial intelligence copilot, Joule, which the company has been working to embed across its portfolio. Via Business Network, customers can create a networked ERP with a supplier portal.

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Data center design in the age of AI: Integrating AI with legacy Infrastructure

CIO

In the age of artificial intelligence (AI), how can enterprises evaluate whether their existing data center design can fully employ the modern requirements needed to run AI? Evaluating data center design and legacy infrastructure. The art of the data center retrofit. However, this is often not true.