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Generative AI: 5 enterprise predictions for AI and security — for 2023, 2024, and beyond

CIO

From IT, to finance, marketing, engineering, and more, AI advances are causing enterprises to re-evaluate their traditional approaches to unlock the transformative potential of AI. Indeed, since June 2023, the finance sector has experienced continuous growth in these areas.

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“Cloud adoption momentum in the GCC will gain further impetus in 2024”

CIO

This year, GenAI and Large Language Models, such as ChatGPT, are positioned as vectors of change. In 2023, leading organizations in the region shifted gears towards DX 2.0, Use cases in areas such as customer service, financial reporting, content marketing, code development and others are being taken up by early adopters.

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How AI can deliver eye-opening insights for IT

CIO

But even as we remember 2023 as the year when generative AI went ballistic, AI and its ML (machine learning) sidekick have been quietly evolving over several years to yield eye-opening insights and problem-solving productivity for IT organizations. Sustainability is also a growing IT concern – from energy cost and emission standpoints.

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

And given the current emphasis on achieving cost efficiency to extend runways in the broader startup ecosystem, it appears investors are open to insurtech startups that can build a sustainable business model, regardless of it including embedded insurance. There’s another reason why fundraising is harder for insurtech founders in 2023.

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Radar Trends to Watch: May 2023

O'Reilly Media - Ideas

WasmGPT provides yet another way to run a ChatGPT-like AI chatbot in the browser, this time with WebAssembly. It uses a version of the Cerebras-GPT-1.3B What’s beyond ChatGPT? AutoGPT means the creation of ChatGPT agents that execute tasks for the user without intervention. Databricks has released Dolly 2.0,

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Daily Crunch: AWS now accepting applications for its new 10-week generative AI accelerator

TechCrunch

Oh, and sustainability is getting a whole stage all to itself at Disrupt. Startups and VC The hype around ChatGPT, OpenAI’s viral AI-powered chatbot, hasn’t reached a peak yet, Kyle reports. “Either the stock market needs to recover some of its juice, or startup prices need to fall more for things to get back to ‘normal.'”

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The Year’s 10 Biggest VC Funding Rounds: OpenAI, Stripe And Anthropic Top The List For Biggest Raises In 2023

Crunchbase News

While funding continued to trend down in 2023 , big raises were there to be had. After having been rumored for weeks, Microsoft confirmed in late January it had agreed to a “multiyear, multibillion-dollar investment” into OpenAI, the startup behind the artificial intelligence tools ChatGPT and DALL-E. Check out last year’s here.