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…
Read more
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…
Read more
AI & RoboticsNews

Vendict emerges with $9.5M in funding to automate security compliance with generative AI

Today, enterprise software vendors must often fill out questionnaires proving they are compliant with the security requirements of the customers they seek to service — a highly manual, technical and time-consuming process. Vendict wants to change all that. The Israeli startup is emerging from stealth today with $9.5 million in funding led by NFX, Disruptive AI and Cardumen Capital and joined by…
Read more
AI & RoboticsNews

How to avoid pitfalls and navigate the ethical landscape of generative AI

We still have a lot to figure out. That was my impression of a panel at our Transform 2023 event yesterday that drilled into the ethics of generative AI. The panel was moderated by Philip Lawson, AI policy lead at the Armilla AI | Schwartz Reisman Institute for Technology and Society. It included Jen Carter, global head of technology at Google.org, and Ravi Jain, chair of the Association for…
Read more