AI & RoboticsNews

Wayfair cautiously embraces generative AI, with ‘a premium on humans in the loop’

Online furniture retailer Wayfair is embracing the power of generative AI with a thoughtful, measured approach that involves a council of stakeholders and a core thesis to help accelerate business productivity. In a session at today’s VentureBeat Transform 2023, Wilko Schulz-Mahlendorf, head of pricing and marketing science at Wayfair, offered insights into how the company is using generative AI…
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AI & RoboticsNews

AI and cybersecurity: Friends, foes, collaborators

One time, a large enterprise Gary Harbison worked for was targeted by a hacker looking to execute a fraudulent payment.  They were persistent, first sending an email, then following up with what they thought would be a sly voice call impersonating the CEO. But they hadn’t done their research: The company’s head exec was Scottish. The employee who answered immediately picked up on the…
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AI & RoboticsNews

NTT’s CFO says energy consumption and pricing are top challenges for enterprise generative AI

International telecommunications giant NTT expects that energy consumption of generative AI models and value-based pricing will be among the most significant challenges facing enterprises as they move towards more broad adoption and integration of the burgeoning technology. In a panel discussion at the VentureBeat Transform 2023 conference on Wednesday with NTT VC founding partner Vab Goel…
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AI & RoboticsNews

Why learning the language of humans is key to enable generative AI for automation

Business process automation has been around for decades, and it is not being disrupted by the power of generative AI. At today’s VentureBeat Transform 2023, Kognitos founder and CEO Binny Gill and Wipro Ventures managing partner Biplab Adhya discussed how generative AI can help improve automation. The panel was moderated by VentureBeat’s Carl Franzen.  Back in February, Kognitos raised $6.8…
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