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Top 7 generative AI use cases for business

CIO

The launch of ChatGPT in November 2022 set off a generative AI gold rush, with companies scrambling to adopt the technology and demonstrate innovation. Legacy chatbots, product recommendation engines, and several other useful tools may rely only on earlier forms of AI.

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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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How generative AI impacts your digital transformation priorities

CIO

The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. Below are several generative AI drivers for CIOs to consider when evolving their digital transformation priorities.

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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.