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Salesforce Ventures targets new $250M fund at generative AI startups

TechCrunch

The enterprise is about to get hit by the generative AI hype train, as Salesforce prepares to invest in startups developing what it calls “responsible generative AI.” It has also previously launched a dedicated AI fund , targeting startups building AI smarts on top of Salesforce.

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As ChatGPT hype hits fever pitch, Neeva launches its generative AI search engine internationally

TechCrunch

Back in December, Neeva co-founder and CEO Sridhar Ramaswamy , who previously spearheaded Google’s advertising tech business , teased new “cutting edge AI” and large language models (LLMs), positioning itself against the ChatGPT hype train. market, pitched as “authentic, real-time AI search.”

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Getting the timing right at Setterwalls to invest in AI support

CIO

Opportunities for all That was the starting point to roll out an AI tool to roughly all of Setterwalls’ 200 lawyers. Other staff, amounting to about 100, also received AI support, even if it was less niche, such as Microsoft’s Copilot. So all of this has been adapted for AI. “No

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CIOs face mounting pressure as AI costs and complexities threaten enterprise value

CIO

CIOs are under increasing pressure to deliver meaningful returns from generative AI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. hours per week by integrating generative AI into their workflows, these benefits are not felt equally across the workforce.

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10 AI strategy questions every CIO must answer

CIO

The 2024 Board of Directors Survey from Gartner , for example, found that 80% of non-executive directors believe their current board practices and structures are inadequate to effectively oversee AI. Here are 10 questions CIOs, researchers, and advisers say are worth asking and answering about your organizations AI strategies.

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Anthropic begins supplying its text-generating AI models to select startups

TechCrunch

Anthropic has been relatively quiet about its plans to productize its work in the generative text AI space, preferring instead to focus on academic research. But late last year, the company launched a closed beta for an AI system, called Claude , similar to OpenAI’s ChatGPT that appeared to improve upon the original in key ways.

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AI platforms driving business transformation in the UAE: insights from industry experts

CIO

Alexander Knigge, Chief Digital & Technology Officer at Modon, a key speaker at the event, emphasized that “Generative AI is our priority,” highlighting the shift towards AI-powered platforms that can enhance everything from customer engagement to operational efficiency.