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Banks bet on AI to deliver digital efficiencies

CIO

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. Around 42% percent of banks rely on personalized customer journeys to improve the customer experience.

Banking 212
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How AI orchestration has become more important than the models themselves

CIO

to GPT-o1, the list keeps growing, along with a legion of new tools and platforms used for developing and customizing these models for specific use cases. to GPT-o1, the list keeps growing, along with a legion of new tools and platforms used for developing and customizing these models for specific use cases. From Llama3.1

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Giving more tools to software engineers: the reorganization of the factory

Erik Bernhardsson

It's a popular attitude among developers to rant about our tools and how broken things are. Note: I'm going to use the term “tool” throughout this post to refer to all kinds of things: frameworks, libraries, development processes, infrastructure.). I once ran a web shop and spent a week implementing credit card payments.

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CIOs’ lack of success metrics dooms many AI projects

CIO

An organization’s finance team shouldn’t have access to the data being used in an HR AI tool, and vice versa, he says. At the same time, data necessary for an AI tool to work is often siloed across organizations. The potential cost can be huge, with some POCs costing millions of dollars, Saroff says.

Metrics 187
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5 Things To Look For When Evaluating AI Startups

Crunchbase News

LLM customization Is the startup using a mostly off-the-shelf LLM — e.g., OpenAI ’s ChatGPT — or a meaningfully customized LLM? Different ways to customize an LLM include fine-tuning an off-the-shelf model or building a custom one using an open-source LLM like Meta ’s Llama. trillion to $4.4 trillion annually.

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How to evolve your DTC startup’s data strategy and identify critical metrics

TechCrunch

If you’re the founder of an e-commerce startup, there’s a pretty good chance you’re using a platform like Shopify, BigCommerce or WooCommerce, and one of the dozens of analytics extensions like RetentionX, Sensai metrics or ProfitWell that provide off-the-shelf reporting. Don’t rely on them after you’ve outgrown them.

Metrics 245
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Foxglove raises $15M to build dev infrastructure for robots

TechCrunch

While at Cruise, Macneil says that he saw firsthand the lack of off-the-shelf tooling for robotics and autonomous vehicle development; Cruise had to hire entire teams to build tooling in-house, including apps for visualization, data management, AI and machine learning, simulation and more. Image Credits: Foxglove.