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CarMax drives business value with GPT-3.5

CIO Business Intelligence

First-mover AI benefits CarMax’s IT leaders and IT staff were experimenting with OpenAI’s GPT-3.x In this early use case, the CarMax team employed GPT 3.5’s As a pioneer, CarMax is reaping the early benefits of what will likely be a major business driver across the globe, one analyst says. “As That’s the way my team works.

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Enterprise IT moves forward — cautiously — with generative AI

CIO Business Intelligence

Ready for the right applications Generative AI is ready for use in coding, administrative workflows, data refinement, and simple use cases such as pre-filling forms, says Oliver Wittmaier, CIO and product owner at DB SYSTEL GmbH, the wholly owned subsidiary of DB AG and digital partner for all group companies.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

Foundry / AI Priorities Survey 2023 Innovative CIOs from CarMax, Goldman Sachs, Coca-Cola, L’Oréal, Georgia-Pacific, Nasdaq, and Vodaphone are among those whose large enterprises have announced publicly that they are in pilot mode — and in a few cases, deploying production workloads — with LLMs.

Risk 141
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3 ways Generative AI is transforming the retail industry

CIO Business Intelligence

GenAI technologies offer significant potential benefits for retail organizations, including speedy price adjustments, customized behavior-based incentives, and personalized recommendations in response to searches and customer preferences. How does Generative AI’s conversational flow enable a more compelling customer experience?

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Real estate CIOs drive deals with data

CIO Business Intelligence

The second cloud-native application, called Command Market Center, is a CRM solution for the company’s brokerages and market centers globally, Cox says. Like rivals, Keller Williams will not provide a hardened ROI on a process that is only one part technology and still largely relationship-based between agent and customer.

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CIO 100 Award winners prove the transformative value of IT

CIO Business Intelligence

Shamim Mohammad, CIO, CarMax CarMax That volume created a Sisyphean task for the company’s content writers, as they struggled to provide up-to-date information by make, model, and year for each vehicle in the company’s constantly changing inventory. They turned to artificial intelligence to help.

IT 98
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New US CIO appointments, March 2022

CIO Business Intelligence

As every company becomes a technology company, CEOs and corporate boards are seeking multi-dimensional CIOs with superior skills in technology, communications, business strategy and digital innovation. Most recently, Akinyede was VP of IT at Emerson, a company she first joined in 2006. Campbell Soup Company is an $8.5B