The issue of trust is never far behind the implementation of AI, especially in one as newly significant as generative AI. At Transform 2023, Hillary Ashton, CPO at Teradata, dove into the ways businesses must navigate the complexities of data governance, privacy and maintaining transparency to ensure trust in their AI-driven operations.
“Generative AI has brought the entire arena of advanced…
NTT’s CFO says energy consumption and pricing are top challenges for enterprise generative AI
July 13, 2023
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…
NTT is a global technology and business solutions provider, with more than $110 billion in revenue, sales teams in 70 countries and more than 100,000 enterprise customers in every vertical. At VentureBeat’s Transform 2023, Vab Goel, founding partner, NTTVC and board…
Expert calls generative AI a ‘stochastic parrot’ that won’t surpass humans (anytime soon)
July 13, 2023
There is no shortage of hype around generative AI, but there is also reality.
In a fireside chat session at today’s VentureBeat Transform 2023, Jeff Wong, global CIO at Ernst and Young, was joined by Usama Fayyad, executive director of the Institute for Experiential AI at Northeastern University, for an insightful conversation about the reality of generative AI today.
“I’ve studied…
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…
VentureBeat announced the winners of the fifth annual Women in AI Awards today at VB Transform.
The awards recognize and honor the women leaders and changemakers in the field of AI. The nominees were submitted by the public and winners chosen by a VentureBeat committee.
Binance Labs, the venture capital and incubation arm of Binance, has committed $15 million to Xterio to boost its Web3 game platform with AI technologies.
Xterio is an operating company and strategic partner for Binance. Xterio aims to bridge free-to-play games and blockchain gaming with in-house and third-party games currently in development. The investment from Binance Labs will help Xterio…
Vendict emerges with $9.5M in funding to automate security compliance with generative AI
July 12, 2023
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…
Powered by Advanced Micro Devices chips, the LUMI supercomputer – recently ranked as the fastest supercomputer in Europe as well as one of the most energy efficient – has enabled the TurkuNLP Group to create new models quickly.
This kind of thing will fuel interest in…
Futureverse is launching its AI League “smart” soccer game on iOS today in partnership with the FIFA Women’s World Cup Australia & New Zealand 2023 tournament.
New Zealand-based Futureverse previously launched its “smart football” game in an open beta on Android, which resulted in over 50,000 downloads in the first three months. Futureverse previously announced in December 2022 that…
