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Should finance organizations bank on Generative AI?

CIO

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. Financial organizations want to capture generative AI’s tremendous potential while mitigating its risks. In short, yes. But it’s an evolution. billion by 2032.

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10 most in-demand generative AI skills

CIO

If any technology has captured the collective imagination in 2023, it’s generative AI — and businesses are beginning to ramp up hiring for what in some cases are very nascent gen AI skills, turning at times to contract workers to fill gaps, pursue pilots, and round out in-house AI project teams.

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By enabling “ask and expert” capabilities, generative AI like Microsoft Copilot will transform manufacturing

CIO

Manufacturers are increasingly looking to generative AI as a potential solution to these and other challenges. Research from Avanade , a technology expert that specialises in the Microsoft ecosystem and partner solutions, suggests that 92% of manufacturers aim to be AI-first within a year. Generative AI, Innovation

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Salesforce to hire 3,300 staffers as it eyes generative AI opportunity

CIO

Salesforce is looking at a large recruitment drive as it plans to invest in new areas such as generative AI and push some of its popular products, such as the Data Cloud, CEO Marc Benioff, and chief operating officer Brian Millham told Bloomberg in an interview.

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VCs continue to pour dollars into generative AI

TechCrunch

The appetite for generative AIAI that turns text prompts into images, essays, poems, videos and more — is insatiable. According to a PitchBook report released this month, VCs have steadily increased their positions in generative AI, from $408 million in 2018 to $4.8 billion in 2022. billion in 2022.

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20 issues shaping generative AI strategies today

CIO

Organizations are rushing to figure out how to extract business value from generative AI — without falling prey to the myriad pitfalls arising. They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies.

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Tech leaders weigh in on the upside and flipside of generative AI

CIO

Generative AI is widely regarded as one of the great technology breakthroughs of our time. To cut through the froth, CIO.com polled a range of IT leaders and experts for their views on where we are with generative AI, their hopes and their concerns. We’re testing ChatGPT at an individual level,” he says.