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Marsh McLennan IT reorg lays foundation for gen AI

CIO

As part of MMTech’s unifying strategy, Beswick chose to retire the data centers and form an “enterprisewide architecture organization” with a set of standards and base layers to develop applications and workloads that would run on the cloud, with AWS as the firm’s primary cloud provider.

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The Largest AI Startup Funding Deals Of 2024

Crunchbase News

The round made the ChatGPT creator one of the most valuable private companies in the world and also included investment from the likes of Altimeter Capital , Fidelity , Khosla Ventures , Microsoft , Nvidia , SoftBank and Abu Dhabi-based MGX. Grok is trained off data from another Musk-owned company, X, (formerly Twitter).

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AI-native software engineering may be closer than developers think

CIO

Caylent, an AWS cloud consulting partner, uses AI to write most of its code in specific cases, says Clayton Davis, director of cloud-native development there. For example, OpenAI is touting its latest version of ChatGPT as a huge leap forward in coding ability. It may be difficult to train developers when most junior jobs disappear.

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Amazon Doubles Down Investment In Anthropic

Crunchbase News

Amazon has agreed to invest another $4 billion in AI startup Anthropic, a ChatGPT rival with its AI assistant Claude. That deal included Anthropic naming Amazon Web Services its primary cloud provider, as well as using AWS Trainium and Inferentia chips to build, train and deploy its models. The immediate investment was $1.25

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Marsh McLellan IT reorg lays foundation for gen AI

CIO

As part of MMTech’s unifying strategy, Beswick chose to retire the data centers and form an “enterprisewide architecture organization” with a set of standards and base layers to develop applications and workloads that would run on the cloud, with AWS as the firm’s primary cloud provider.

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12 AI predictions for 2025

CIO

Small language models and edge computing Most of the attention this year and last has been on the big language models specifically on ChatGPT in its various permutations, as well as competitors like Anthropics Claude and Metas Llama models. Multi-modal AI Humans and the companies we build are multi-modal.

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Cost, security, and flexibility: the business case for open source gen AI

CIO

The main commercial model, from OpenAI, was quicker and easier to deploy and more accurate right out of the box, but the open source alternatives offered security, flexibility, lower costs, and, with additional training, even better accuracy. Another benefit is that with open source, Emburse can do additional model training.