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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. Nearly 22% of the respondents said they are using generative AI for their work.

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SAP to add generative AI, industry smarts to CX tools

CIO

Every software developer is looking at how to incorporate generative AI in its products, even SAP. The ERP vendor, which turned 50 last year , is developing a companion app for its software, to be called SAP Digital Assistant, which will use generative AI to help SAP users provide a better experience to their customers.

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Artificial Intelligence 101: What It Is, Its Evolution and Potential Jobs

Apiumhub

Artificial Intelligence 101 has become a transformative force in many areas of our society, redefining our lives, jobs, and perception of the world. AI involves the use of systems or machines designed to emulate human cognitive ability, including problem-solving and learning from previous experiences.

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Generative AI Turns Marketing Insights into Action for OEMs

Perficient

Generative artificial intelligence (AI) is on the news daily because it has huge ramifications for companies in all industries, but my eyes are glued to how it will affect automotive. The way I see it, there are two main categories for how generative AI will transform automotive: marketing and manufacturing.

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Generative AI Chip Designer Recogni Locks Up $102M

Crunchbase News

The San Jose, California-based firm, which is developing its AI inference chip for both the generative AI and automotive industries, raised a $102 million Series C co-led by Celesta Capital and GreatPoint Ventures. Debt was provided by HSBC Innovation Banking. Chip funding U.S.-based Last year such startups saw only $1.2

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Recap: Writer and Perficient Generative AI Event in NYC

Perficient

In the past 12 months, Artificial Intelligence has gone from a future technology that has the potential to be revolutionary to a must have to remain competitive. From August 2022 to August 2023, “How to use AI” has skyrocketed on Google Trends by 507% with many leading innovators believing that this is the next internet boom.

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What is NLP? Natural language processing explained

CIO

Natural language processing definition Natural language processing (NLP) is the branch of artificial intelligence (AI) that deals with training computers to understand, process, and generate language. Search engines, machine translation services, and voice assistants are all powered by the technology.