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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. Nearly 22% of the respondents said they are using generative AI for their work.

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Accenture creates a regulatory document authoring solution using AWS generative AI services

AWS Machine Learning - AI

Bringing innovative new pharmaceuticals drugs to market is a long and stringent process. Accenture built a regulatory document authoring solution using automated generative AI that enables researchers and testers to produce CTDs efficiently. AI delivers a major leap forward.

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Nvidia accelerates enterprise adoption of generative AI

CIO

As the generative AI bandwagon gathers pace , Nvidia is promising tools to accelerate it still further. On March 21, CEO Jensen Huang (pictured) told attendees at the company’s online-only developer conference, GTC 2023, about a string of new services Nvidia hopes enterprises will use to train and run their own generative AI models.

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Unlocking Innovation: AWS and Anthropic push the boundaries of generative AI together

AWS Machine Learning - AI

Amazon Bedrock is the best place to build and scale generative AI applications with large language models (LLM) and other foundation models (FMs). It enables customers to leverage a variety of high-performing FMs, such as the Claude family of models by Anthropic, to build custom generative AI applications.

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CIOs contend with gen AI growing pains

CIO

The road ahead for IT leaders in turning the promise of generative AI into business value remains steep and daunting, but the key components of the gen AI roadmap — data, platform, and skills — are evolving and becoming better defined. MIT event, moderated by Lan Guan, CAIO at Accenture.

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The Week’s 10 Biggest Funding Rounds: Cardurion Pharmaceuticals And Human Interest Nab Largest Raises

Crunchbase News

Yep, no huge AI raise. Cardurion Pharmaceuticals , $260M, biotech: Cardurion Pharmaceuticals led the way for biotech startups raising big money this week, as the Burlington, Massachusetts-based biotech firm raised a $260 million Series B financing led by Ascenta Capital. Notice anything missing? went to a startup down under.

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Fueling Enterprise Generative AI with Data: The Cornerstone of Differentiation

Cloudera

More than two-thirds of companies are currently using Generative AI (GenAI) models, such as large language models (LLMs), which can understand and generate human-like text, images, video, music, and even code. A global pharmaceutical company has utilized GenAI to accelerate drug discovery and development.