Remove ChatGPT Remove Fractional CTO Remove Generative AI
article thumbnail

Healthcare organizations must create a strong data foundation to fully benefit from generative AI

CIO

Since the introduction of ChatGPT, the healthcare industry has been fascinated by the potential of AI models to generate new content. While the average person might be awed by how AI can create new images or re-imagine voices, healthcare is focused on how large language models can be used in their organizations.

article thumbnail

Why CIOs need a two-tier approach to gen AI

CIO

CIOs failing to gain organizational traction with generative AI might want to rethink how they are introducing the technology — and how they are honing their AI strategies to suit. In some cases, the value of AI solutions can become evident sooner than the value of AI tools, Wixom says. “If

article thumbnail

AI-native software engineering may be closer than developers think

CIO

Developers unimpressed by the early returns of generative AI for coding take note: Software development is headed toward a new era, when most code will be written by AI agents and reviewed by experienced developers, Gartner predicts. Gen AI tools are advancing quickly, he says. Some companies are already on the bandwagon.

article thumbnail

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

CIO

Generative AI has been hyped so much over the past two years that observers see an inevitable course correction ahead — one that should prompt CIOs to rethink their gen AI strategies. Operating profit gains from AI doubled to nearly 5% between 2022 and 2023, with the figure expected to reach 10% by 2025, she adds.

article thumbnail

7 ways gen AI can create more work than it saves

CIO

According to a new IDC report , 98% of business leaders view AI as a priority for their organization and the research firm expects AI to add $20 trillion to the global economy through 2030. The use of its API has also doubled since ChatGPT-4o mini was released in July. The AI can go deeper than a Google search.”

article thumbnail

Upskilling ramps up as gen AI forces enterprises to transform

CIO

Most recently, in June, it spent $650 million to buy Casetext, a 104-employee company that offers an AI assistant for legal professionals powered by OpenAI’s GPT-4, the same large language model (LLM) behind ChatGPT. But that’s not the only big bet the company is making on generative AI.

article thumbnail

Weighing risk and reward with gen AI vendor selection

CIO

In mid-November, OpenAI’s board fired the CEO of the company, Sam Altman, the guy who put ChatGPT on the map and ushered in a new era of corporate AI deployments. Other respondents said they aren’t using any generative AI models, are building their own, or are using an open-source alternative. He’s not the only one.