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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. Nearly 22% of the respondents said they are using generative AI for their work.

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SAP to add generative AI, industry smarts to CX tools

CIO

Every software developer is looking at how to incorporate generative AI in its products, even SAP. The ERP vendor, which turned 50 last year , is developing a companion app for its software, to be called SAP Digital Assistant, which will use generative AI to help SAP users provide a better experience to their customers.

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Generative AI Turns Marketing Insights into Action for OEMs

Perficient

Generative artificial intelligence (AI) is on the news daily because it has huge ramifications for companies in all industries, but my eyes are glued to how it will affect automotive. The way I see it, there are two main categories for how generative AI will transform automotive: marketing and manufacturing.

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JLR revs up AI and intelligent automation initiatives

CIO

Anthony Battle is leaning heavily on AI and IA — artificial intelligence and intelligent automation — to deliver digital transformation at luxury auto maker Jaguar Land Rover. We’re not short of generous opportunities afforded by our strategic suppliers and vendors,” says Battle, wryly. There’s demand for it, too.

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What is NLP? Natural language processing explained

CIO

Natural language processing definition Natural language processing (NLP) is the branch of artificial intelligence (AI) that deals with training computers to understand, process, and generate language. Search engines, machine translation services, and voice assistants are all powered by the technology.

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Recap: Writer and Perficient Generative AI Event in NYC

Perficient

In the past 12 months, Artificial Intelligence has gone from a future technology that has the potential to be revolutionary to a must have to remain competitive. From August 2022 to August 2023, “How to use AI” has skyrocketed on Google Trends by 507% with many leading innovators believing that this is the next internet boom.

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Eye On AI: So Much For That Funding Slowdown

Crunchbase News

That came after a year that saw more than $50 billion invested in the AI space. Aside from the Moonshot AI raise — the first $1 billion AI round of the year — other large rounds in the last week-plus include: San Jose, California-based Lambda raised a $320 million Series C at a $1.5