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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. Nearly 22% of the respondents said they are using generative AI for their work.

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Nvidia accelerates enterprise adoption of generative AI

CIO

As the generative AI bandwagon gathers pace , Nvidia is promising tools to accelerate it still further. On March 21, CEO Jensen Huang (pictured) told attendees at the company’s online-only developer conference, GTC 2023, about a string of new services Nvidia hopes enterprises will use to train and run their own generative AI models.

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The Week’s 10 Biggest Funding Rounds: Cardurion Pharmaceuticals And Human Interest Nab Largest Raises

Crunchbase News

Yep, no huge AI raise. Cardurion Pharmaceuticals , $260M, biotech: Cardurion Pharmaceuticals led the way for biotech startups raising big money this week, as the Burlington, Massachusetts-based biotech firm raised a $260 million Series B financing led by Ascenta Capital. Notice anything missing? went to a startup down under.

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Accenture creates a regulatory document authoring solution using AWS generative AI services

AWS Machine Learning - AI

Bringing innovative new pharmaceuticals drugs to market is a long and stringent process. Accenture built a regulatory document authoring solution using automated generative AI that enables researchers and testers to produce CTDs efficiently. AI delivers a major leap forward.

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How Nvidia became a trillion-dollar company

CIO

Nvidia’s transformation from an accelerator of video games to an enabler of artificial intelligence (AI) and the industrial metaverse didn’t happen overnight—but the leap in its stock market value to over a trillion dollars did.

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Generative AI in Healthcare

Existek

In this article, we’ll discuss the topic of generative AI in healthcare and how it’s transforming this vital industry. List of the Content What is generative AI? How is generative AI transforming healthcare? Challenges of generative AI in healthcare Conclusion WHAT IS GENERATIVE AI?

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Generative AI in Healthcare: Use Cases, Benefits, and Challenges

John Snow Labs

Generative AI in healthcare is a transformative technology that utilizes advanced algorithms to synthesize and analyze medical data, facilitating personalized and efficient patient care. Generative AI models now play a role, in drug discovery and development by reducing time and costs associated with bringing new medications to market.