article thumbnail

Google Cloud growth slows as Alphabet net income plunges

CIO

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion, up just 1% from $75.3

article thumbnail

CarMax drives business value with GPT-3.5

CIO

Generative AI such as ChatGPT has of late captured the imagination of business leaders across industries. CarMax’s IT team, for one, has been working with Microsoft and OpenAI to leverage GPT-3.x Despite the current overall economic slowdown, CarMax’s Q4 2022 revenues rose 48.8% billion overall.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity Snapshot: Check Out Our No-Holds-Barred Interview with ChatGPT

Tenable

We pulled no punches in our question-and-answer session with ChatGPT: Find out what the world’s most famous AI chatbot had to say. So we went straight to the source: ChatGPT. ChatGPT, are you trying to be a naughty chatbot? ChatGPT, are you going rogue? How can threat actors abuse ChatGPT? And much more!

article thumbnail

Low-code: An Accelerator for Digital Transformation

CIO

A 2022 large-scale survey by KPMG found similar results as EMA companies witnessed an increase of 44 percent in process efficiency and higher employee productivity (39 percent). Leading providers have integrated ChatGPT connectors in their developer environments, and you should not miss this feature when choosing yours. Ease of use.

article thumbnail

Lavender lands $13.2M for its AI-powered email marketing engine

TechCrunch

news and updates, funding stats, job listings, events, tweets and more) on recipients and can automatically create drafts from that research (à la ChatGPT ), or simply generate a few bullet points to work within a preexisting email thread. But Ballance makes the case that it’s a net good where an organization’s sales are at stake.

Marketing 247
article thumbnail

In the corner office, fear of GenAI risk outweighs the lure of its promise

CIO

Much has changed in the 16 months since the public release of ChatGPT in November 2022. I have personally experienced it to be a net positive. Management teams and Boards are rethinking every part of their business strategies. Public markets are rewarding sector pioneers and infrastructure players.

article thumbnail

6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

As ChatGPT has so aptly demonstrated, AI is now truly entering the mainstream consciousness. So to get a better idea of how AI is affecting biotech in 2022, we asked six investors to tell us what they look for in a biotech startup today. IBM sold Watson Health to private equity in 2022 after investing billions into it.

Biotech 242