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Ethics of generative AI: To be innovative, you must first be trustworthy

CIO Business Intelligence

Over the past year, generative AI – artificial intelligence that creates text, audio, and images – has moved from the “interesting concept” stage to the deployment stage for retail, healthcare, finance, and other industries. As a result, enterprise spending on GenAI solutions is on the rise, predicted to reach $151.1

Risk 104
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4 industries where chatbots will have the biggest impact

CIO Business Intelligence

Enterprise spending on consumer-facing generative AI tools will grow from $40 billion in 2023 to $1.3 Healthcare: digital assistants for Dx and Rx The market for healthcare chatbots globally is projected to more than triple to $647 million by 2030, according to Vantage Market Research. billion in 2022 to $6.9

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IT leaders go small for purpose-built AI

CIO Business Intelligence

Low barriers to entry Better yet, the cost to try a small language model AI is close to zero, as opposed to monthly licensing costs for an LLM or spending millions of dollars to build your own, Bullock says. When you look at the smaller models for the generative side, you have very good specialty models.

IT 106
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Getting infrastructure right for generative AI

CIO Business Intelligence

For generative AI, a stubborn fact is that it consumes very large quantities of compute cycles, data storage, network bandwidth, electrical power, and air conditioning. But while the payback promised by many genAI projects is nebulous, the costs of the infrastructure to run them is finite, and too often, unacceptably high.

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SAP, IBM Consulting partner to offer genAI-based services

CIO Business Intelligence

IBM’s consulting arm and SAP are partnering to offer generative AI -based services to enterprises to help accelerate digital transformation. The partnership, announced on Wednesday, will see both companies offer generative AI-based services via RISE with SAP offering , the companies said in a statement.

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5 use cases for how Generative AI can supercharge document productivity across the enterprise

CIO Business Intelligence

Alex Gay, Senior Director of Product Marketing, Adobe Document Cloud Most business today can be described as MORE—more technology, more meetings, more projects, more data, and more documents. However, deploying generative AI across the organization quickly, yet in a secure and compliant way can be challenging for IT leaders.

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Microsoft’s Copilot tunes could be music to CIOs’ ears

CIO Business Intelligence

The pro-code platform empowers responsible generative AI development, including the development of copilots, to support complex applications and tasks like content generation, data analysis, project management, automation of routine tasks, and more,” Jyoti said. At least that’s what analysts say.