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AES enlists AI to boost its sustainable energy business

CIO

American utility and power company AES launched a renewable energy program in mid-2022 that is not only reducing its carbon footprint but adding wealth to its coffer. The project, dubbed Farseer AI Generation Forecasting and Market Automation Program, was developed by a handful of AES data scientists in partnership with Google.

Energy 318
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JLR revs up AI and intelligent automation initiatives

CIO

Anthony Battle is leaning heavily on AI and IA — artificial intelligence and intelligent automation — to deliver digital transformation at luxury auto maker Jaguar Land Rover. We’re not short of generous opportunities afforded by our strategic suppliers and vendors,” says Battle, wryly. There’s demand for it, too.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO

No doubt, Nasdaq is bullish on generative AI. Brad Peterson, the company’s CIO and CTO, has been implementing AI for more than a decade and is all in on the promised innovation afforded by generative AI. “We The company, which reported net revenues of $3.6

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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

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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. While enterprise IT orgs by and large are taking a measured approach , some early movers are showing impressive results. Despite the current overall economic slowdown, CarMax’s Q4 2022 revenues rose 48.8%

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Generative AI Models Explained

Altexsoft

The image you see has been generated with the help of Midjourney — a proprietary artificial intelligence program that creates pictures from textual descriptions. Neural nets can create images, video, and audio content that not every person can. The hype about generative AI is huge and it continues to grow.

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

CIO

That’s because, with the fast-paced evolution and imminent adoption of generative AI, the role of CIOs and CTOs has become both exciting and invigorating, but also more complicated and unpredictable. Nearly half (46%) of those surveyed believe they risk falling behind if they don’t adopt generative AI as quickly as possible.