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

TechCrunch

Bedrock, meet the Bedrock, it’s part of the modern generative AI family. From the town of Seattle comes Amazon’s entrance into the generative AI race with an offering called Bedrock, writes Kyle. But also because Kyle ’s story about Amazon entering the generative AI race was the most-read story on TechCrunch today.

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Microsoft invests €3.2 billion in AI and the cloud in Germany

CIO

billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. Brad Smith, Vice Chair and President of Microsoft, said the aim is to enable the German economy to benefit from AI in order to continue to expand its leading global position in terms of competitiveness.

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Dell cuts jobs amid growing economic uncertainties

CIO

In other words, this may not just be a reaction to the current results or economic concerns but a preparation for the impact of generative AI in the future. The consensus seems to be that the workforce of tomorrow will be smaller than today’s, due to the efficiencies introduced by generative AI. “The

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Generative AI Models Explained

Altexsoft

We just typed a few word prompts and the program generated the pic representing those words. This is something known as text-to-image translation and it’s one of many applications of what generative AI models do. The hype about generative AI is huge and it continues to grow.

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How Generative AI Is Empowering CIOs and IT Professionals

CloudSphere

Additionally, as reported by Gartner, approximately 80% of businesses are predicted to migrate towards cloud hosting by 2025. This trend is impacting a variety of industries—from technology to business applications, and beyond. However, we have merely scratched the surface of what generative AI has to offer.

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CIOs press ahead for gen AI edge — despite misgivings

CIO

OpenAI’s November 2022 announcement of ChatGPT and its subsequent $10 billion in funding from Microsoft were the “shots heard ’round the world” when it comes to the promise of generative AI. in concert with Microsoft’s AI-optimized Azure platform. John Spottiswood, COO of Jerry, a Palo Alto, Calif.-based

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Toyota transforms IT service desk with gen AI

CIO

“One of my bold bets is I want to eliminate our traditional service desk by 2025,” says Jason Ballard, IT executive and general manager for infrastructure and operations services at Toyota Motor North America. Toyota is an early mover when it comes to generative AI, with roots in its robotic process automation (RPA) efforts.