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5 Things To Look For When Evaluating AI Startups

Crunchbase News

Roughly 75% of that value will emanate from productivity gains across customer operations, sales and marketing, software engineering, and R&D. Standard products include employee copilots, content generation for marketing, back-office automation and enterprise knowledge search. trillion to $4.4 trillion annually.

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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. And although AI talent is expensive , the use of pre-trained models also makes high-priced data-science talent unnecessary.

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Bank of America’s big bet on AI started small

CIO

We trained the model to do just that, he says about Erica, which is built on open-source models. Hari Gopalkrishnan, head of consumer, business, and wealth management technology at BofA, says the key to Ericas success and longevity has been its small size. We are not writing essays with Erica. We are not trying to write software.

Banking 169
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AI as a service to solve your business problems? Guess again

TechCrunch

Ralf Haller is the executive vice president of sales and marketing at NNAISENSE. 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. 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

Balancing the rollout with proper training, adoption, and careful measurement of costs and benefits is essential, particularly while securing company assets in tandem, says Ted Kenney, CIO of tech company Access. CIOs are an ambitious lot. Of course, every CIO has a unique to-do list with key objectives to accomplish.

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What to expect from AI in the enterprise in 2025

CIO

Employee knowledge of their companys products, processes, and the markets they operate in and customers they sell to is often uncoded and tacit. Employee knowledge of their companys products, processes, and the markets they operate in and customers they sell to is often uncoded and tacit. But this isnt intelligence in any human sense.

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FPGA startup Rapid Silicon lands $15M to bring its first chip to market

TechCrunch

Field-programmable gate arrays (FPGA) , or integrated circuits sold off-the-shelf, are a hot topic in tech. The global FPGA market size could reach $14 billion by 2028, according to one estimate, up from $6 billion in 2021. ” Rapid Silicon is developing two products at present: Raptor and Gemini. .

Marketing 215