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OCI demand for AI workloads, Cerner boost Oracle’s third quarter revenue

CIO

Last year in October, Oracle and Nvidia extended their partnership to help speed customer adoption of artificial intelligence (AI) services. Oracle reported a net income of $1.89 Artificial Intelligence, Oracle billion — the same number it had reported in the last sequential quarter.

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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. CarMax’s IT team, for one, has been working with Microsoft and OpenAI to leverage GPT-3.x Artificial Intelligence, CIO 100, Digital Transformation

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In edtech, history matters: Reach Capital just closed its largest fund to date

TechCrunch

But what’s old doesn’t mean they’re going to ignore what’s new: exuberance around artificial intelligence. Reach Capital has made around five investments in AI companies since starting the firm, but given the boom in the space and recent technological advancements with ChatGPT, the firm is eagerly looking at net new startups to back.

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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. Artificial Intelligence Management teams and Boards are rethinking every part of their business strategies. Public markets are rewarding sector pioneers and infrastructure players.

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Daily Crunch: Amazon’s new Bedrock cloud service lets developers incorporate generative AI

TechCrunch

Image Credits: Haje Jan Kamps Artificial intelligence, a creation that inhabits the realm of our deepest fears and highest aspirations, lurks within the shadows of our existence. Yes, the previous paragraph is the result of asking GPT-4 to spit out 50 words on the state of artificial intelligence in the style of Werner Herzog.

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Cybersecurity Snapshot: New Guide Details How To Use AI Securely, as CERT Honcho Tells CISOs To Sharpen AI Security Skills Pronto

Tenable

Cyber agencies from multiple countries published a joint guide on using artificial intelligence safely. 1 - Using AI securely: Global cyber agencies publish new guide Is your organization – like many others – aggressively adopting artificial intelligence to boost operational efficiency? And much more!

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Generative AI: A paradigm shift in enterprise and startup opportunities

CIO

Generative AI (Artificial Intelligence) and its underlying foundation models represent a paradigm shift in innovation, significantly impacting enterprises exploring AI applications. The parameters of the neural net models are adjusted using the examples presented to the model in training.