A recent survey reveals that CMOs around the world are optimistic and confident about GenAI’s future ability to enhance productivity and create competitive advantage. Seventy per cent are already using GenAI and 19 per cent are testing it. And the main areas they’re exploring are personalisation (67%), content creation (49%) and market segmentation (41%). However,…
This is part 1 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 2 is available here. In 1900, Orville and Wilbur Wright listed their occupations as “Merchant, bicycle” on the U.S. census form. Three years later,…
Reddit has negotiated a content licensing deal to allow its data to be used for training AI models, according to a Bloomberg report. Just ahead of a potential $5 billion initial public offering (IPO) debut in March, Reddit has reportedly signed a $60 million deal with an undisclosed major AI company. This move could be…
According to research by EXL, around 89 percent of insurance and banking firms in the UK have introduced AI solutions over the past year. However, issues with data optimisation could hinder their impact. The researchers surveyed executives at top UK insurers and lenders about their AI strategies and found that 44 percent have deployed AI…
Google has announced plans to invest $1 billion in a new data centre in the UK which it says will help to meet “growing demand” for its AI and cloud services. The 33-acre site in Waltham Cross, Hertfordshire will bring much-needed compute capacity to businesses, supporting AI innovation and ensuring reliable digital services for Google…
OpenAI made waves this week with its bold assertion to a UK parliamentary committee that it would be “impossible” to develop today’s leading AI systems without using vast amounts of copyrighted data. The company argued that advanced AI tools like ChatGPT require such broad training that adhering to copyright law would be utterly unworkable. In…
As digital transformation accelerates across industries, more and more companies are recognising the untapped value in their real-time data streams. Enterprise streaming analytics firm Streambased aims to help organisations extract impactful business insights from these continuous flows of operational event data. In an interview at the recent AI & Big Data Expo, Streambased founder and…
AI is more than a trend and it’s also not a specialist space anymore. This year, the topic was embedded across the tech conference calendar in London—with every event packed full of people keen to learn and share their experiences. The AI & Big Data Expo stood out for its great mixture of speakers, not…
Google will soon store Maps users’ location history locally on their devices instead of in the cloud, a big change that will make it more difficult for law enforcement to access the data. Controversial “geofence warrants” allow law enforcement to gather tech companies’ data on mobile phones that have passed through a certain area during…
Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications. Source link
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