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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. A key part of the submission process is authoring regulatory documents like the Common Technical Document (CTD), a comprehensive standard formatted document for submitting applications, amendments, supplements, and reports to the FDA.

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Weighing risk and reward with gen AI vendor selection

CIO

Other respondents said they aren’t using any generative AI models, are building their own, or are using an open-source alternative. Putting aside the fact this is an astronomically high adoption rate for a brand new technology, it’s also an indicator of how risky this space is. And the AI writing assistant category grew by 177%.

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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. Early positive results At Eaton, a few PoCs are already generating results and they’ve used AI to consolidate information between more than 70 ERP systems globally.

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Nvidia’s strong earnings highlight AI’s rapid incursion across industries

CIO

The excitement surrounding AI has boosted many companies lately, but Nvidia is the single major tech company that appears to have benefited most. At the earnings call, Nvidia noted that AI is expanding across various sectors and solutions, with the field of large-language models flourishing.

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What is NLP? Natural language processing explained

CIO

Natural language processing definition Natural language processing (NLP) is the branch of artificial intelligence (AI) that deals with training computers to understand, process, and generate language. Search engines, machine translation services, and voice assistants are all powered by the technology.

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Lufthansa’s digital future takes flight with ‘Digital Hangar’

CIO

Banking on product-based IT To develop the next generation of customer services, Lufthansa’s Digital Hangar has adopted new business operating models popular among organization’s pursuing digital transformation, Spannbauer says. Experience is not only the cherry on the cake.”

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