Generative AI is a powerful technology that can create new content, insights and solutions from data. But how can businesses leverage it to gain a competitive edge and accelerate their growth? Matt Wood, VP of product at AWS, shared his insights on how generative AI can create a flywheel effect for business growth in a recent interview with VentureBeat.
Wood said that generative AI can be applied…
Generative AI is freshly democratized in the wake of OpenAI’s public release of ChatGPT, and all the possibilities it holds. Right now the question for enterprises isn’t why it should be embraced, but how it can be embraced – and how can its challenges be mitigated and…
Deepdub, an AI-based audiovisual dubbing and language localization company, has announced the launch of Deepdub Go, a way for creators to dub in 65 languages.
The new AI-powered audio-video localization and creation platform is aimed at indie game studios, advertising…
Magicave has teamed up with generative voice pioneers ElevenLabs and actor Tom Canton to develop an AI narrator for its upcoming game, Beneath The Six.
The single and multiplayer turn-based roguelike game combines exploration, character progression, magic, and combat. Players can create unique characters using collectible digital dice with different traits.
United Kingdom-based Magicave said the…
Shutterstock continues generative AI push with legal protection for enterprise customers
July 6, 2023
Shutterstock announced today that it will offer enterprise customers full indemnification for the license and use of generative AI images on its platform, to protect them against potential claims related to their use of the images. The company said it would fulfill requests…
VersusGame has announced the launch of VersusLM, an AI tech that enables it to create prediction games for just about any media.
The new AI system is directly integrated with Los Angeles-based VersusGame’s flagship product, MiniGames, which will allow VersusGame customers…
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…
