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Banks bet on AI to deliver digital efficiencies

CIO

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

Banking 212
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AI market evolution: Data and infrastructure transformation through AI

CIO

AI skills remain a concern: investment is coming As AI evolves, organizations are recognizing the need for new skills and competencies. Additionally, 90% of respondents intend to purchase or leverage existing AI models, including open-source options, when building AI applications, while only 10% plan to develop their own.

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Multi-LLM routing strategies for generative AI applications on AWS

AWS Machine Learning - AI

Organizations are increasingly using multiple large language models (LLMs) when building generative AI applications. For example, an AI-powered productivity tool for an ecommerce company might feature dedicated interfaces for different roles, such as content marketers and business analysts.

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Build generative AI applications quickly with Amazon Bedrock IDE in Amazon SageMaker Unified Studio

AWS Machine Learning - AI

Building generative AI applications presents significant challenges for organizations: they require specialized ML expertise, complex infrastructure management, and careful orchestration of multiple services. Consider a global retail site operating across multiple regions and countries.

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Generative AI-powered game design: Accelerating early development with Stability AI models on Amazon Bedrock

AWS Machine Learning - AI

Generative AI has emerged as a game changer, offering unprecedented opportunities for game designers to push boundaries and create immersive virtual worlds. At the forefront of this revolution is Stability AIs cutting-edge text-to-image AI model, Stable Diffusion 3.5 Large (SD3.5

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Unlocking the full potential of enterprise AI

CIO

Despite the huge promise surrounding AI, many organizations are finding their implementations are not delivering as hoped. 1] The limits of siloed AI implementations According to SS&C Blue Prism , an expert on AI and automation, the chief issue is that enterprises often implement AI in siloes.

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The key to operational AI: Modern data architecture

CIO

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. However, there’s a significant difference between those experimenting with AI and those fully integrating it into their operations.