AI is transformatively intelligent — but it also can be dumb as a stump. Generative AI is a spectacular example of that. While it offers inventive, sometimes ingenious results, its tendency to hallucinate (or confidently produce false information) offers enterprises not only huge opportunity and tremendous potential, but also some work-stoppingly serious challenges.
How can business leaders…
Neko Health, a healthcare technology company co-founded by Hjalmar Nilsonne and Spotify founder Daniel Ek, announced the successful completion of a €60 million ($65 million) series A funding round. The company aims to revolutionize the health industry through artificial…
Web scraping for massive amounts of data can arguably be described as the secret sauce of generative AI. After all, AI chatbots like ChatGPT, Claude, Bard and LLaMA can spit out coherent text because they were trained on massive corpora of data, mostly scraped from the…
A new survey conducted by Gartner has revealed that as many as 79% of global corporate strategists see AI, analytics and automation as critical drivers for success over the next two years.
Conducted between October 2022 and April 2023, the poll highlights enterprises’ growing focus on next-gen technologies. Now, companies are looking at advanced systems not only to handle repetitive or basic…
A year ago, the phrase “generative AI” had rarely appeared among the flood of jargon in my inbox.
In July 2022, I had received a few missives from Meta about a multimodal “generative AI” prototype called “Make-A-Scene,” and a handful of emails that referenced…
New York City’s Automated Employment Decision Tool (AEDT) law, believed to be the first in the U.S. aimed at reducing bias in AI-driven recruitment and employment decisions, will now be enforced — after the law went into effect in January and final rules were adopted in…
A recent study conducted by IT solutions integrator Insight Enterprises and research company The Harris Poll has shed light on the increasing adoption of generative AI amongst businesses while also uncovering concerns about its implementation.
The study indicates that most business leaders from Fortune 500 companies (72%) plan to incorporate generative AI within the next three years to improve…
While there are some big names in the technology world that are worried about a potential existential threat posed by artificial intelligence (AI), Matt Wood, VP of product at AWS, is not one of them.
Wood has long been a standard bearer for machine learning (ML) at AWS and…
Celestial AI, a developer of optical interconnect technology, has announced a successful series B funding round, raising $100 million for its Photonic Fabric technology platform. IAG Capital Partners, Koch Disruptive Technologies (KDT) and Temasek’s Xora Innovation fund…
Valve has expressed hesitation about allowing games with AI assets onto the Steam store. Several game developers recently came forward saying their games were rejected by Valve for this reason, and today Valve released a statement expressing reservations about allowing such games given the current state of AI and copyright law.
A Valve spokesperson said in a statement published to…
