AI & RoboticsNews

McKinsey report finds generative AI could add up to $4.4 trillion a year to the global economy

It seems like the leadership of nearly every big company is excited about generative AI these days and rushing to announce or embrace new AI tools. But what impact will their moves have on the economy? While it’s difficult to say for certain, global consulting leader McKinsey and Company — where GenAI is already in use by roughly half the workforce — has attempted to quantify the trend in a…
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AI & RoboticsNews

This week in data: Don’t be an AI tourist

“Don’t be an AI tourist” is excellent advice from a post on The World Economic Forum. The post includes a fascinating survey: The AI Readiness Report which demonstrates that 81% of companies are now working with generative AI and how the focus on models is changing.
AI & RoboticsNews

ServiceNow unveils Now Assist for Virtual Agent, a generative AI solution for self-service

ServiceNow today announced its latest generative AI solution, Now Assist for Virtual Agent, with the aim of revolutionizing self-service by offering intelligent and relevant conversational experiences. The new capability expands on ServiceNow’s strategy of integrating generative AI capabilities into its Now Platform, which helps customers to streamline digital workflows and optimize…
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AI & RoboticsNews

Snorkel AI looks beyond data labeling for generative AI

Data labeling has long been a critical component of helping data scientists to prepare data for machine learning (ML) and artificial intelligence (AI). In the modern era of generative AI, the role of data labeling is changing. Today Snorkel AI is announcing new capabilities that extend beyond data labeling, to help organizations curate and prepare data for generative AI. Snorkel AI has been…
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AI & RoboticsNews

Register now for the Transform Women in AI Breakfast and nominate leaders for the Women in AI Awards

It’s time to celebrate the fifth anniversary of two major VentureBeat events: the Women in AI Breakfast and the Women in AI awards, all part of VB’s flagship event, Transform 2023, happening July 11-12 at the Marriott Marquis in San Francisco, CA (Register now.) The breakfast, presented for the third year by Capital One, opens up this year’s conference, taking place July 11 at 7:30 a.m. A…
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