Seattle based startup OctoML today released its new OctoAI self optimizing infrastructure service to help organizations build and deploy generative AI applications.
OctoML got its start in 2019 as a spinout from the University of Washington with the foundation of the company’s technology stack relying on the open source Apache TVM machine learning (ML) compiler framework. Its original focus was…
McKinsey report finds generative AI could add up to $4.4 trillion a year to the global economy
June 14, 2023
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…
This week in data: Don’t be an AI tourist
June 14, 2023
“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.
Oracle founder Larry Ellison confirms new gen AI service with Cohere during earnings call
June 13, 2023
Oracle Corp., the software giant known for its database technology, is joining the chorus of enterprise cloud vendors betting big on generative AI services.
On Monday, the company revealed that it was developing a new cloud service with Cohere, a Toronto-based startup that specializes in building and training large language models (LLMs).
Oracle’s founder and chief technology officer, Larry…
ServiceNow unveils Now Assist for Virtual Agent, a generative AI solution for self-service
June 13, 2023
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…
The AI feedback loop: Researchers warn of ‘model collapse’ as AI trains on AI-generated content
June 12, 2023
The age of generative AI is here: only six months after OpenAI‘s ChatGPT burst onto the scene, as many as half the employees of some leading global companies are already using this type of technology in their workflows, and many other companies are rushing to offer new…
Visier launches new generative AI assistant Vee to deliver insights about your workforce
June 12, 2023
B2B workforce analytics company Visier today announced its first generative AI assistant, Vee, which allows managers, HR leaders and employees at its customer companies to type their natural language queries into commonly used apps and receive near-instant insights about their teams.
Vee automatically transforms conversational queries into Visier’s query language, and provides accurate…
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…
Salesforce announced today the launch of AI Cloud, an enterprise AI solution aimed at boosting productivity across all Salesforce applications. The new open platform integrates various Salesforce technologies like Einstein, Data Cloud, Tableau, Flow and MuleSoft, offering…
The future of AI is unknown. That’s the problem with tech ‘prophets’ influencing AI policy | The AI Beat
June 12, 2023
The skies above where I reside near New York City were noticeably apocalyptic last week. But to some in Silicon Valley, the fact that we wimpy East Coasters were dealing with a sepia hue and a scent profile that mixed cigar bar, campfire and old-school happy hour was nothing to worry about. After all, it is AI, not climate change, that appears to be top of mind to this cohort, who believe future…
