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OctoML raises $28M Series B for its machine learning acceleration platform

TechCrunch

OctoML , a Seattle-based startup that offers a machine learning acceleration platform build on top of the open-source Apache TVM compiler framework project , today announced that it has raised a $28 million Series B funding round led by Addition. We had barely started spending our Series A money — we still had a lot of that left.

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

CIO

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. In the automotive industry, for example, there were recalls of 300 different makes and models of car in the US in 2022 alone.

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SAP to add generative AI, industry smarts to CX tools

CIO

Although SAP Digital Assistant will be accessible from SAP’s Sales, Service, Marketing and Commerce Cloud products, one of the areas its generative AI capabilities could be most useful is in customer experience management, helping sales staff and contact center agents respond to customer requests or identify their needs and draft pitches.

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Emerging Loyalty Trends in Automotive to Watch Closely: Detroit Event Highlights

Perficient

Last year, Perficient hosted an automotive event in Detroit that was so successful we had to return. It used to be that the responsibility of loyalty was housed in one department, where marketing was the custodian. With increasing competition and changing market demands, brands must rethink their CX strategies.

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Creating value with generative AI in manufacturing

CIO

Tom Nall, Global Manufacturing and Automotive Industry Executive at Avanade, an expert in Microsoft technology, explains: “Microsoft Copilot applies an organisation’s data and Microsoft application ecosystem to a large language model.

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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. This usage was highest in the technology sector, and among respondents from North America, the report showed.

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What is the Importance of Machine Learning?

Openxcell

MACHINE LEARNING- the most hyped technology these days due to its ability to automate tasks, detect patterns and learn from the data. From healthcare to marketing, finance to transportation, it is improving the efficiency of every field. What is Machine Learning? How Does Machine Learning Work?