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Banks bet on AI to deliver digital efficiencies

CIO

Employee productivity: In 55% of banks, gen AI supports employees, for example in the form of assistants. In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens.

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How AI orchestration has become more important than the models themselves

CIO

As many companies that have already adopted off-the-shelf GenAI models have found, getting these generic LLMs to work for highly specialized workflows requires a great deal of customization and integration of company-specific data. Large language models (LLMs) just keep getting better. From Llama3.1 to Gemini to Claude3.5

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‘Just-in-time’ AI: Has its moment arrived?

CIO

For example, because they generally use pre-trained large language models (LLMs), most organizations aren’t spending exorbitant amounts on infrastructure and the cost of training the models. The timeliness is critical. You don’t want to do the work too much in advance because you want that real-time context.

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5 Things To Look For When Evaluating AI Startups

Crunchbase News

LLM customization Is the startup using a mostly off-the-shelf LLM — e.g., OpenAI ’s ChatGPT — or a meaningfully customized LLM? Different ways to customize an LLM include fine-tuning an off-the-shelf model or building a custom one using an open-source LLM like Meta ’s Llama. trillion to $4.4 trillion annually.

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AI as a service to solve your business problems? Guess again

TechCrunch

Industries of all types are embracing off-the-shelf AI solutions. That’s a far cry from what most online off-the-shelf AI services offer today. Ralf Haller is the executive vice president of sales and marketing at NNAISENSE. It sounds like a great idea, but there is a caveat — “one-size-fits-all” syndrome.

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9 IT resolutions for 2025

CIO

Kenney plans to partner with commercial off-the-shelf software providers to facilitate a proof-of-concept of their out-of-the-box functionality. CIOs are an ambitious lot. Not the type to be satisfied with the status quo, they have set big goals for themselves in the upcoming year, according to countless surveys of IT execs.

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Ellen DeGeneres, Portia de Rossi, Shaun White, Shawn Mendes get behind Shelf Engine

TechCrunch

Shelf Engine ’s mission to eliminate food waste in grocery retailers now has some additional celebrity backers. The company has already helped retailers divert 1 million pounds of food waste from landfills, Stefan Kalb, co-founder and CEO of Shelf Engine, told TechCrunch. This includes a $12 million Series A from 2020.