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3 ways to break out of AI ‘pilot purgatory’

CIO

The biotech company Moderna , for example, is aiming to use ChatGPT Enterprise to “automate nearly every business process” in order to “outpace its plan to roll out 15 new products within the next five years.” No one today looks back fondly on the time their organization spent in “pilot purgatory.”

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The 10 Biggest Rounds Of May: xAI And CoreWeave Lead Big Month For AI

Crunchbase News

xAI , $6B, artificial intelligence: Elon Musk ’s generative AI startup, xAI , officially announced its long-awaited fundraise — making it the second-most-valuable generative AI company in the world behind only competitor OpenAI. Musk’s company was announced just last July and released its ChatGPT competitor, Grok, last November.

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

They had ChatGPT write the script, and other gen AI tools to create a digital person who reads the script, a scalable process with at least one measurable benefit: speed. Gen AI helps scientists develop new proteins Another interesting set of use cases can be found, for the time being, in biotech.

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The Week’s 10 Biggest Funding Rounds: X-Energy And Seismic Therapeutics Lead Surprisingly Big Week

Crunchbase News

X.AI , $135M, artificial intelligence: You may have heard Elon Musk has an artificial intelligence startup to compete with OpenAI. was announced in July — funded by Musk himself — and released an early version of its ChatGPT competitor, Grok, last month. and Kam Ghaffarian to hit that big total.

Energy 63
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The Week’s 10 Biggest Funding Rounds: xAI Laps Field In Another Slow Week

Crunchbase News

xAI , $6B, artificial intelligence: Elon Musk ’s generative AI startup, xAI, officially announced its long-awaited fundraise — making it the second-most-valuable generative AI company in the world behind only competitor OpenAI. The xAI round had been rumored for months. just earlier this year.

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The Biggest Of The Big: AI Startups Raised Huge — These Were The Largest Deals Of 2023

Crunchbase News

Artificial intelligence was big in 2023 — and that could be the understatement of the year. The ChatGPT rival inked a deal with Amazon for the e-commerce and cloud titan to invest up to $4 billion in the AI startup. The round was led by Innovation Park Artificial Intelligence , Bosch Ventures and the companies of Schwarz Group.

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The ‘Great Retraining’: IT upskills for the future

CIO

The latest piece in her reinvention story is Synchrony’s new Tech Apprenticeship for Artificial Intelligence, a full-time, 12-month program that balances on-the-job learning with instructor-led training, providing Chavarin with a pathway into one of the most coveted technology spaces despite her very nontraditional IT background. “AI